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2014-08-19 04:21:04

NEW YORK, Aug. 19, 2014 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it signed a definitive agreement, through an affiliate, to sell its portfolio company Waupaca Foundry, Inc. ("Waupaca" or the "Company") to Hitachi Metals, Ltd. ("Hitachi Metals", TSE: 5486) for $1.3 billion in cash. Waupaca is the largest iron foundry company in the world, producing gray and ductile iron castings using state-of-the-art technology. The Company is North America's leading...


Word of the Day
monteith
  • A large punch-bowl of the eighteenth century, usually of silver and with a movable rim, and decorated with flutings and a scalloped edge. It was also used for cooling and carrying wine-glasses.
  • A kind of cotton handkerchief having white spots on a colored ground, the spots being produced by a chemical which discharges the color.
This word is possibly named after Monteith (Monteigh), 'an eccentric 17th-century Scotsman who wore a cloak scalloped at the hem.'
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