27 Nov Shareholders Overwhelmingly Approve Wheeling-Pitt-Esmark
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...