Chinese wire manufacturer Fushi Copperweld (FSIN) rises 10.3% AH, to $8.23, after a group of...

|About: Fushi Copperweld, Inc. (FSIN)|By:, SA News Editor

Chinese wire manufacturer Fushi Copperweld (FSIN) rises 10.3% AH, to $8.23, after a group of investors that includes co-CEO Li Fu lift their buyout offer for the company by $0.25/share, to $9.50/share. More than the increase in the buyout price, Fushi shares appear to be rallying on account of the new offer raising investor hopes that a deal will actually go through. (November offer)