IPSCO (IPS) Announces Expiration of Hart-Scott-Rodino Waiting Period to Acquire SSAB Svenskt Stal AB

June 12, 2007 9:26 AM EDT

IPSCO Inc. (NYSE: IPS) and SSAB Svenskt Stal AB (SSAB) jointly announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with the proposed plan of arrangement pursuant to which IPSCO would be acquired by SSAB for a cash consideration of U.S. $160 per share.


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