Severstal will buy RG’s stake in MSC for $30M
Jun 23, 2014 | 02:11 PM
| Michael Cowden
CHICAGO Severstal US Holding LLC has agreed to purchase bankrupt RG Steel LLCs stake in coke producer Mountain State Carbon LLC (MSC) for $30 million.
The deal is part of a settlement aimed at ending years of legal wrangling between Dearborn, Mich.-based Severstal North America Inc. and RG Steel, according to documents filed in U.S. Bankruptcy Court in Delaware. Objections to the settlement are due by July 8 and a hearing on the issue is scheduled for July 15.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.