Meeting on Novamerican sale set for Oct. 31

Oct 03, 2007 | 08:41 AM | Philip Burgert

Novamerican Steel Inc., LaSalle, Quebec, said the Superior Court of Quebec has issued an interim order providing for a special shareholders meeting Oct. 31 to vote on the company's proposed $585.2-million acquisition by Symmetry Holdings Inc., New York.

Novamerican executives said in a statement that final court approval will still be required if the acquisition announced in July is approved by shareholders. Lawrence P. Cannon, vice president and chief financial officer, did not return calls seeking....





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