|
|
Article: Birmingham Steel Sends Letter to the United Group.
- Article from:
- Business Wire
- Article date:
- November 22, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Nov. 22, 1999--
Birmingham Steel Corporation (NYSE: BIR) said that the Company's Board of Directors today sent a letter to the United Group reiterating the Board's continued willingness to meet with representatives of the dissident group to discuss issues of mutual interest and concern.
The letter follows the report issued by Institutional Shareholder Services (ISS) last Thursday in which ISS recommended that stockholders re-elect the Company's nominees for the Board of Directors at the Annual Meeting of Stockholders on December 2nd, and reject the attempt by the dissident United Group to replace the Company's incumbent ...