Steel Partners
http://www.steelpartners.comSteel Partners is a $4 billion hedge fund run by Warren Lichtenstein.
Steel Partners focuses on long-term relationship/active value investments. It seeks to work with the management of its portfolio companies to increase corporate value for all stakeholders and shareholders.
Steel Partners Holdings L.P. Sends Letter to API Group Urging it to Commence a Sale Process
NEW YORK, Feb. 8, 2012 /PRNewswire/ -- Steel Partners Holdings L.P. (Pink Sheets: SPNHU) ("SPH") announced today that it sent a letter to API Group plc (LSE: API.L) expressing its belief that the market price of API Group does not reflect its intrinsic value and that this value will only be realized through a sale of the company. SPH is the largest stockholder of API Group. The full text of the letter follows: Dear Andrew: It has been a pleasure speaking with you over the last few months regarding API ...
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