28 Nov

Posted at 14:49h in News Articles, News Articles 2004 to 2009
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November 28, 2007, The Herald Star (Steubenville, Ohio), By PAUL GIANNAMORE, Business Editor Photo: Paul Giannamore - NEW ESMARK, NEW STOCK – James P. Bouchard looks at one of the new share certificates in the new Esmark Inc., which became the holding company owning Wheeling-Pittsburgh Steel Corp. following the tally of shareholder votes Tuesday morning in Pittsburgh. The certificate features a background picture of the blast furnace at the Wheeling-Pitt Mingo Junction plant. PITTSBURGH — After more than two years of work and a year of management control, Esmark’s merger with Wheeling-Pittsburgh Steel Corp. was completed in a nine-minute meeting in a...

28 Nov

Posted at 14:48h in News Articles, News Articles 2004 to 2009
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November 28, 2007, The Herald Star (Steubenville, Ohio), By PAUL GIANNAMORE, business editor PITTSBURGH — As Esmark Inc. shares began trading today on the Nasdaq market, it marked a return of a once big name to the public stock exchanges. Esmark once was a major holding company of a number of widely recognized national brands of consumer products including Playtex and Butterball turkeys and Avis car rentals. Its founder, Donald F. Kelly, is a longtime friend of James P. and Craig T. Bouchard, the founders of Esmark and the chairman and president of the new Esmark Inc. “The name is back as a publicly...

28 Nov

Posted at 14:46h in News Articles, News Articles 2004 to 2009
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November 28, 2007, The Herald Star (Steubenville, Ohio), By PAUL GIANNAMORE, Business Editor STEUBENVILLE — A deal valued at more than $350 million has resulted in a more strongly capitalized Wheeling-Pittsburgh Steel Corp., but the Bouchard brothers say work must continue toward making the company a success for years to come. James P. and Craig T. Bouchard founded their Esmark steel services firm in 2003 and have acquired 10 steel service centers and distributors since then. With the merger with Wheeling-Pittsburgh Steel Corp. being wrapped up Tuesday, they have taken a major step toward making what they hope will be the fourth...

27 Nov

Posted at 14:54h in Press Releases, Press Releases 2004 to 2009
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For Immediate Release Combination to be completed on November 27, 2007, and Esmark Incorporated (ESMK) To Begin Trading On NASDAQ November 28th PITTSBURGH, PA., November 27, 2007 – Esmark Incorporated and Wheeling-Pittsburgh Corporation today announced that the stockholders of Wheeling-Pittsburgh and the stockholders of Esmark Incorporated each have overwhelmingly approved the combination of the two companies. The combined company will conduct business under the name Esmark Incorporated, and its common stock will begin trading on NASDAQ under the ticker symbol “ESMK” effective November 28, 2007. James P. Bouchard, Chairman and Chief Executive Officer of the newly formed holding company, Esmark Incorporated, said that...

27 Nov

Posted at 14:52h in News Articles, News Articles 2004 to 2009
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November 27, 2007, Associated Press, By TIM HUBER CHARLESTON, W.Va. (AP) - Shareholders of Wheeling-Pittsburgh Steel’s parent company overwhelmingly approved the Wheeling-based steelmaker’s takeover by steel distributor Esmark Inc. on Tuesday, a company official said. “It’s a great day,” said Wheeling-Pitt President Craig Bouchard. “It was a landslide victory; 93 percent of the votes cast voted in favor of the merger.” Shares of the combined Esmark are scheduled to begin trading under the symbol ESMK on the Nasdaq Stock Market on Wednesday. The deal culminates more than a year of effort by Craig and Jim Bouchard, the brothers behind Esmark, to add a steelmaker...

06 Nov

Posted at 14:55h in Press Releases, Press Releases 2004 to 2009
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November 6, 2007 Dear Shareholders, On November 27, 2007 Wheeling Pittsburgh Corporation will hold a special shareholder meeting to vote on the combination with Esmark. This vote will determine the future of our company. I am writing to encourage you to vote for the proposed merger between Wheeling-Pitt and Esmark because I believe it to be in the best interests of all shareholders. Below, I will explain why I feel this way and detail our aggressive plans to return the steelmaking operations of New Esmark to profitability in 2008. Let me first describe why the combination with Esmark needs to be completed. In...