|
|
Article: New York-Based Investment Firm to Reopen LTV's Steel Mills in Ohio, Illinois.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- February 28, 2002
CopyrightCOPYRIGHT 2002 Knight-Ridder/Tribune Business News. 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)
|
By Paul J. Nyden, The Charleston Gazette, W.Va. Knight Ridder/Tribune Business News
Feb. 28--A New York-based investment company that bought LTV Corp. on Wednesday plans to reopen the company's steel mills in Ohio and Illinois.
W.L. Ross & Co. announced that it had acquired LTV's integrated steel assets for $325 million, including $125 million in cash and about $200 million to pay for LTV's environmental and other liabilities.
The purchase includes major steel mills in Cleveland and Warren, Ohio, and in East Chicago and Hennepin, Ill. The agreement is subject to approval by federal bankruptcy officials.
W.L. Ross & Co. also ...
Related newspaper, magazine, and journal articles:
|
|
Article: The Charleston Gazette, W.Va., Rick Steelhammer ...
Knight Ridder/Tribune Business News;
November 9, 2003 ;
700+ words
... ... By Rick Steelhammer, The Charleston Gazette, W.Va. Knight Ridder ... predecessors. To see more of The Charleston Gazette, or to subscribe to the ... wvgazette.com (c) 2003, The Charleston Gazette, W.Va. Distributed by ...
|
|