Seeking Alpha

Carpenter Technology (CRS +7.89%) agrees to buy Latrobe Specialty Metals for $388M. Latrobe had...

Carpenter Technology (CRS +7.89%) agrees to buy Latrobe Specialty Metals for $388M. Latrobe had initially filed plans for a $175M IPO in May, but cancelled after being approached by Carpenter, saying the deal will provide "superior benefits for all of our stakeholders."
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