Esmark May Move Wheeling-Pitt Headquarters

Summary


WHEELING - Local officials are urging Esmark Inc. to keep Wheeling-Pittsburgh Steel Corp.'s headquarters and its 300 to 400 jobs in Wheeling.

Esmark claimed victory last week in its hostile bid to take over Wheeling-Pitt after a preliminary count showed Wheeling-Pitt's shareholders approved a new board of directors that supports Esmark, a Chicago Heights, Ill.-based steel distributor. The old board had supported a merger with Brazilian steelmaker Companhia Siderurgica Nacional SA.

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Esmark May Move Wheeling-Pitt Headquarters

Esmark plans to hold discussions wit...

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