Gerdau Ameristeelagreed to acquire Chaparral Steelfor $4.22 billion, in a move to diversify its product offering into high value added steel products. Gerdau will pay $86.00 per share in cash for ...

Gerdau Ameristeel Corp. has signed a merger agreement to acquire Chaparral Steel Co. for around $4.22 billion. Chaparral's board of directors unanimously approved the transaction and will recommend to ...

Valuations in the steel industry soared to a new level yesterday as Gerdau Ameristeel Corp. shelled out $4.2-billion (U.S.) for structural steel maker Chaparral Steel Co. in the latest move in a ...

Toronto-based steel producer Gerdau Ameristeel said late Tuesday it will acquire Chaparral Steel for $4.22 billion, or $86/share -- a 14% premium to its $75.69 Tuesday close. The deal is an attempt by ...

Chaparral, which is a maker of steel beams with mills in Midlothian and Dinwiddie County, Virginia, has about 1400 employees and yearly installed capacity of 2.9 million tonnes.

Chaparral Steel (NASDAQ:CHAP), the "second-largest supplier of structural steel products in North America," reports its fiscal first-quarter 2007 earnings after close-of-market on Tuesday. Want to ...

Good returns on capital, growing end markets, and generally ignored. Is this love at first sight? For its fiscal third quarter, the company reported that revenue rose nearly 45% as pricing ticked up ...

The housing market may be in a slump, but the nonresidential construction market is looking pretty good. At least, that's what Latin American steelmaker Gerdau is betting on. Late Tuesday, Gerdau's ...

MIDLOTHIAN, TX, and TAMPA, FL, Aug. 23 /PRNewswire-FirstCall/ - Chaparral Steel Company (NASDAQ: CHAP) and Gerdau Ameristeel Corporation (NYSE: GNA, TSX: GNA) today ...

SAN FRANCSICO (MarketWatch) -- Shares in Chaparral Steel Co. jumped 11% Wednesday after Gerdau Ameristeel Corp. said it had agreed to buy the steel producer for $4.22 billion, the latest take-out of a ...