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Thursday, July 31, 2008

AKS in play

AK Steel has been entertaining sale talks with multiple parties, sources familiar with the situation told dealReporter. The company is interested in an all-cash transaction, and has informally been on the block for a couple of months, according to two sources with knowledge of discussions.
http://www.ft.com/cms/s/2/180f4ec6-5f1c-11dd-91c0-000077b07658,dwp_uuid=e8477cc4-c820-11db-b0dc-000b5df10621.html

Why doesn't someone take a look at Allegheny Technologies (ATI 48.40)? It would have to be in a few weeks though. The insiders just bought a huge slug of stock!
http://aaronandmoses.blogspot.com/2008/07/ati-insiders-buy.html

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