Speculating in Takeover Targets Message Board

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Strategies & Market Trends : Speculating in Takeover Targets

ULBI 6.380

-1.4%

Jan 30 9:30 AM EST

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From: Paul Senior	4/23/2007 10:25:27 PM
	of 7260

Looks like Ryerson might be receiving a buyout offer from Apollo Management: "Ryerson Inc. surged Monday after a story in Crain's Chicago Business said an asset of private-equity firm Apollo Management L.P. offered to buy the metals distributor and processor. Shares jumped $2.98, or 7.3 percent, to $43.75 in afternoon trading on the New York Stock Exchange, after hitting a 52-week high of $44.45 earlier in the session. The stock previously traded in a 52-week range between $19.60 and $42.29, and is up 62 percent since the start of the year." biz.yahoo.com I bought my shares 10/04 @$16.34, and intend to hold until I see if offer is definite.

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