Chaparral Steel Announces Special Meeting and Record Dates
08/10/2007 - Chaparral’s Board of Directors schedules a special meeting of shareholders to vote on the proposal to adopt the Agreement and Plan of Merger for Gerdau Ameristeel’s acquisition of Chaparral Steel for a cash consideration of U.S. $86 per share.
Chaparral Steel Co.’s Board of Directors has scheduled a special meeting of shareholders to vote on the proposal to adopt the Agreement and Plan of Merger for Gerdau Ameristeel’s acquisition of Chaparral Steel for a cash consideration of U.S. $86 per share.
The special meeting will be held on September 12, 2007 in Dallas, Texas. The close of business on August 9, 2007 has been fixed as the record date for shareholders entitled to receive notice of and to vote at the special meeting.
The company notes that completion of the merger is subject to approval of its shareholders, customary closing conditions, and regulatory approval or the expiration or termination of applicable waiting periods.
Headquartered in Midlothian, Texas, Chaparral Steel is the second-largest producer of structural steel beams in North America. The company is also a supplier of steel bar products and a leading North American recycling company.
