The Pritzker family will purchase scrap metal broker TMS International Corp for about $687 million in cash. The offer of $17.50 represents a premium of about 12 percent to TMS's Friday close of $15.57.
Shares of TMS remained unchanged at $15.57. In the past year, the shares have traded as low as $9.62 and as high as $17.29. On average, 59142 shares of TMS exchange hands on a given day and today's volume is recorded at 0.
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