USX sold more of its steel service centers.
The company said that it has sold 17 U.S. Steel supply facilities, including the packaging systems business in the East and Midwest, to Stanwich Holdings Inc., a private investment company based in Greenwich, Conn. Terms of the deal were not reported. USX Chairman David M. Roderick said the sale is in line with “our continuing restructuring program to dispose of assets which no longer fit into the corporation’s long-term strategic plan.â€
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