Allegheny Teledyne Sells Green River Steel Corporation.PITTSBURGH--(BUSINESS WIRE)--March 3, 1999--Allegheny Teledyne Incorporated (NYSE NYSE See: New York Stock Exchange :ALT (character) alt - /awlt/ 1. The alt modifier key on many keyboards, including the IBM PC. On some keyboards and operating systems, (but not the IBM PC) the alt key sets bit 7 of the character generated. See bucky bits. 2. ) announced today that it has sold Green River Steel Corporation, a carbon and alloy alloy (ăl`oi, əloi`) [O. Fr.,=combine], substance with metallic properties that consists of a metal fused with one or more metals or nonmetals. steel producer, to a newly formed company which is an affiliate of The Reserve Group, based in Akron, OH. Terms of the transaction were not announced. The financial impact of the transaction is not material to Allegheny Teledyne. Allegheny Teledyne Incorporated is a diversified diversified (di·verˑ·s manufacturing company serving global markets with specialty metals, aerospace, electronic, industrial, and consumer products. The company is one of the largest and most diversified specialty metals producers in the world. With talented people using innovative technologies and systems, Allegheny Teledyne's goal is to be the low cost, high quality supplier to global markets. Allegheny Teledyne's website can be found at http://www.alleghenyteledyne.com. |
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