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PITTSBURGH, Dec. 23, 2010 /PRNewswire-FirstCall/ -- L.B. Foster Company ("L.B. Foster", Nasdaq: FSTR) and Portec Rail Products, Inc. ("Portec", Nasdaq: PRPX) today announced the closing of an Asset Purchase Agreement ("APA") with Koppers, Inc., a wholly-owned subsidiary of Koppers Holdings Inc.
By Joe Napsha, The Pittsburgh Tribune-Review Aug. 5--Koppers Holdings Inc. of Pittsburgh said Monday it is selling its Monessen coke plant to the world's largest steelmaker for $160 million in a deal that will end its involvement in the coke-making business.
Regulatory News: ArcelorMittal, the world's leading steel company, today announces that it has signed an agreement to acquire the Koppers' Monessen Coke Plant from Koppers Inc. for $US 160 million.
- A gift; a largess; a gratuity; a present; a dole.