French Company Seeks LTV Steel Stake: Dallas-based...
From Times Staff and Wire Reports
French Company Seeks LTV Steel Stake: Dallas-based LTV Corp., operating under Chapter 11 bankruptcy since 1986, said Usinor Sacilor of France has made an unsolicited inquiry to buy a minority interest in its LTV Steel unit. No negotiations have been held and none are scheduled, LTV said. It was not spelled out how large a stake was sought by Usinor, Europe’s largest steel company.
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