Radius, Toyota Tsusho and Recycling

Toyota Tsusho America to acquire Radius Recycling in $1.34 billion deal
(Reuters) -Recycled metal products maker Radius Recycling said on Thursday it had entered into a definitive merger agreement with Toyota Tsusho America, a U.S. subsidiary of Japanese trading house Toyota Tsusho Corp (TTC).
Radius to be acquired by Toyota subsidiary
Century-old metal recycling and steelmaking firm formerly known as Schnitzer Steel is being acquired by Toyota Tsusho America Inc.
Radius Recycling to be bought by Toyota Tsusho America for $30/share
Radius Recycling (NASDAQ:RDUS) +110.3% post-market Thursday after saying it agreed to be acquired by Toyota Tsusho for $30/share in cash, valuing the scrap recycling and steel manufacturing company at ~$1.
RADIUS RECYCLING to be Acquired by U.S. Subsidiary of TOYOTA TSUSHO CORPORATION (TTC), Accelerating Investment in Future Growth
Radius Recycling Shareholders to Receive $30.00 in Cash Per Share, Delivering Significant ValueTTC’s Investments to Accelerate Radius Recycling’s
Toyota Tsusho Unit to Buy Radius Recycling for $30 a Share -- Update
Radius Recycling agreed to be bought by a U.S. unit of Toyota Tsusho for more than double its Thursday closing price. Shares were up 109%, to $28.52, after hours following news of the $30-a-share deal. Radius closed down 2.3%, to $13.66, The implied total enterprise value of the deal, including net debt, is about $1.34 billion, the companies said.
Portland-based Radius Recycling acquired by Toyota Group company
Portland-based Radius Recycling — a 119-year company known as Schnitzer Steel Industries until 2023 — agreed to be acquired by a Toyota Group company at a valuation of $1.34 billion including debt, it announced Thursday.
Radius Recycling to be acquired by U.S. subsidiary of Toyota Tsusho
Radius Recycling (RDUS) has entered into a definitive merger agreement with Toyota Tsusho America, or TAI, a U.S. subsidiary of Toyota Tsusho,
Toyota Tsusho to Buy Radius Recycling
Radius Recycling agreed to be sold to a U.S. unit of Toyota Tsusho for more than double its latest closing share price. The deal is worth $30 a share. Radius closed down 2.3% to $13.66 on Thursday. Trading in the stock was halted at one point due to pending news.
Portland company founded in 1906 sells for $1.3 billion
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