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(AMM) Super Steel founder Luber finalizes 'stalking horse' bid

March 12, 2010 - 18:31 GMT Location: CHICAGO

KEYWORDS: Super Steel Products , bankruptcy

Super Steel Products Corp. has signed an agreement with a company formed by its founder and shareholder, Fred Luber, under which he proposes to acquire all of the company through the Wisconsin court system.

Super Steel Products Corp. has signed an agreement with a company formed by its founder and shareholder, Fred Luber, under which he proposes to acquire all of the company through the Wisconsin court system.

The terms of the agreement were not disclosed, but Luber's offer for the Milwaukee-based manufacturer of steel and metal equipment for the freight and passenger rail industries will be considered the "stalking...

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