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Ormet Sale Approved

Judge OKs Wayzata’s $221M bid

June 5, 2013
By J.W. JOHNSON JR. - Marshall County Bureau Chief , The Intelligencer / Wheeling News-Register

HANNIBAL - Operations at Ormet Corp. are expected to continue as usual after a federal judge approved the sale of the company for $221 million to Smelter Acquisition LLC, a subsidiary of Minnesota-based Wayzata Investment Partners.

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