Steel Partners Holdings L.P. Sends Letter to API Group Urging it to Commence a Sale Process Feb 8, 2012 07:37PM

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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