Private equity firm said near buying Sharon

Dec 14, 2006 | 01:06 PM | Sam Kusic

Mechanical tube maker Sharon Tube Co. might be close to signing a deal to be acquired by a private equity company, a source with knowledge of the situation said.

The closely held Sharon, Pa.,-based company has been negotiating a sale with Carlyle Group, Washington, the source said, and the two sides are close to coming to terms as they await regulatory approval.....

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