ALJ Regional Holdings Sells Kentucky Electric Steel - ALJJ
alluvial.substack.com
Today ALJ Regional Holdings announced an agreement to sell its sole operating subsidiary, KEC Acquisition Company, to Optima Specialty Steel for $112.5 million. After paying off all debt, ALJ Regional Holdings will have about $51 million in cash, or $0.86 per share.
ALJ Regional Holdings Sells Kentucky Electric Steel - ALJJ
ALJ Regional Holdings Sells Kentucky Electric…
ALJ Regional Holdings Sells Kentucky Electric Steel - ALJJ
Today ALJ Regional Holdings announced an agreement to sell its sole operating subsidiary, KEC Acquisition Company, to Optima Specialty Steel for $112.5 million. After paying off all debt, ALJ Regional Holdings will have about $51 million in cash, or $0.86 per share.