Metal acquisition.Metal Acquisition: Reliance Steel & Aluminum Co. acquired Industrial Metals and Surplus Inc., an Atlanta-based metals service center company and a related company called Athens Athens, city, Greece Athens (ăth`ĭnz), Gr. Athínai, city (1991 pop. 2,907,179; 1991 urban agglomeration pop. 3,072,922), capital of Greece, E central Greece, on the plain of Attica, between the Kifisós and Steel Inc. in Athens, Ga. Industrial Metals had about $72 million dollars in net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight during the 2005 fiscal year. The managements of Industrial Metals and Athens Steel are expected to remain in place. Financial terms of the agreement were not disclosed dis·close tr.v. dis·closed, dis·clos·ing, dis·clos·es 1. To expose to view, as by removing a cover; uncover. 2. To make known (something heretofore kept secret). . |
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