Alter Trading to buy Yaffe.Alter Trading Co. has signed a Letter of Intent with The Yaffe Companies Inc. to purchase its operating assets Operating Assets Another term for working capital. . Alter Trading, based in St. Louis, is a privately owned, fourth-generation scrap metal processor with 16 processing facilities and five trading offices throughout seven states in the upper Midwest The Upper Midwest is a region of the United States with no universally agreed-upon boundary, but it almost always lies within the US Census Bureau's definition of the Midwest and includes the states of Minnesota and Wisconsin, as well as at least the Upper Peninsula of Michigan. . Yaffe, headquartered in Muskogee, Okla., is a full-service scrap metal recycling company with 14 processing facilities throughout Oklahoma, Kansas, Arkansas and Missouri. "The Yaffe employees and locations represent a very good strategic fit for our growth plans, and we look forward to adding them to our organization," Robert S Robert, Henry Martyn 1837-1923. American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876). Noun 1. . Goldstein, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. for Alter Trading, says in a press release. The transaction is expected to close early this summer. |
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