Harris Steel in talks on potential sale; stock price jumps

Dec 08, 2006 | 10:39 AM | Philip Burgert

Harris Steel Group Inc., Toronto, has entered into preliminary talks with an unidentified party that could possibly result in the sale of the Canadian reinforcing bar fabricator.

The tightly held company has created a special committee of independent directors to oversee pursuit of a sale, executives said in a statement, adding that it has hired GMP Securities LP, Toronto, as financial advisor.....

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