Vote on A.M. Castle ‘poison pill’ near

Aug 12, 2014 | 04:16 PM | Nat Rudarakanchana

Tags  A.M. Castle, Scott Stephens, poison pill, Jefferies, Nat Rudarakanchana

NEW YORK — A.M. Castle & Co.’s "poison pill" shareholder rights plan, designed to guard against unwanted mergers or acquisitions, is due for renewal or expiration in a board vote later this month, a top company executive said.

"The board will vote on that this month, to either extend it again or let it expire," A.M. Castle chief financial officer Scott F. Stephens told AMM on the sidelines of Jefferies LLC’s 10th Annual Global Industrials Conference in New York.....

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