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Stock Market & Financial Investment News

News Breaks
March 24, 2014
09:11 EDTSPLPSteel Partners to commence dutch aution tender offer
Steel Partners announced that its board has authorized a modified "Dutch Auction" tender offer to purchase for cash up to $49M in value of its common units, no par value, at a price per unit of not less than $16.50 nor greater than $17.50 per unit. The closing price of SPLP's common units on March 21 was $15.71.
News For SPLP From The Last 14 Days
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April 1, 2015
08:10 EDTSPLPHandy & Harman extends acquisition offer for JPS Industries
Handy & Harman (HNH) announced that its wholly owned subsidiary, Handy & Harman Group, through one of HNH Groupís subsidiaries, HNH Group Acquisition, has extended the expiration of its previously announced tender offer to purchase common stock of JPS Industries to 5:00 pm New York City Time, on April 17. Under the tender offer, the purchaser has offered to purchase up to 10,028,724 shares, or approximately 96.5% of the outstanding shares, of common stock of JPS, at a price of $10.00 per share in cash to all stockholders other than SPH Group Holdings, a subsidiary of Steel Partners Holdings L.P. (SPLP), the parent company of HNH. This latest extension to the tender offer is due to HNH continuing its previously announced discussions with the company regarding a potential negotiated transaction.

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