Tagged CAS

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AM Castle Files Chapter 11

OAK BROOK, IL, June 19, 2017 – A. M. Castle & Co. (OTCQB: CASL) (the “Company” or “Castle”), a global distributor of specialty metal and supply chain solutions, today announced that on June 18, 2017, it and certain of its subsidiaries commenced voluntary chapter 11 proceedings with the United States Bankruptcy Court for the District…

Huber Capital Disappointed in Castle’s Poison Pill

(Market Cap $414 million; Huber owns 7.3%) Item 4. Purpose of Transaction.  The Common Stock was acquired for investment purposes… … On August 31, 2012, the Issuer announced the adoption of a shareholder rights plan (poison pill) with a trigger at 10% of shares outstanding and a “grandfather” exception for any person or group owning…

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