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Stock Market & Financial Investment News

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January 5, 2012
09:02 EDTHNHHandy & Harman, SP Corporate Services enter management services agreement
Steel Partners Holdings L.P. , or SPH (SPNHU) announced that its wholly owned subsidiary, SP Corporate Services LLC, entered into a management services agreement with Handy & Harman Ltd. (HNH) effective January 1, 2012. Under the Management Services Agreement, SP Corporate will provide HNH with corporate and executive services including, without limitation, legal, tax, accounting, treasury, consulting, auditing, administration, compliance, environmental health and safety, human resources, marketing, investor relations and other similar services rendered for HNH and its subsidiaries. In addition, SP Corporate will provide HNH with the continued service of Glen Kassan, as HNH's CEO, Jim McCabe, as HNH's CFO, and certain other employees and corporate services.
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