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WebFinancial Completes Combination with Steel Partners II, L.P.

Steel Partners put out an interesting press release on Wednesday. Excerpt:

WebFinancial L.P. will become a diversified holding company with interests in a variety of businesses, including industrial products, energy, aerospace and defense, banking, insurance and food & beverage. The company will be managed by Steel Partners LLC and intends to seek a listing on a national stock exchange.

Posted by manualofideas on January 2, 2009 09:25 AM |

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