Kentucky Electric Steel completes sale of assets

Tuesday, 09 September 2003 11:03:59 (GMT+3)   |  
       

Kentucky Electric Steel completes sale of assets

Ashland Steel Liquidating Co., formerly known as Kentucky Electric Steel Inc. has completed the sale of its assets to KES Acquisition Co. LLC for $2.7 million. Furthermore, Kentucky Electric Steel entered bankruptcy protection in February 2003. The sale has been approved by Bankruptcy Court on August 20 and closed on September 2.

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