Tuesday, June 13, 2006

Lone Star Technologies (LSS) and NS Group (NSS) Jump on Maverick Tube (MVK) Buyout

Shares of Lone Star Technologies Inc. (NYSE: LSS) (+6.5%) and NS Group Inc. (NYSE: NSS) (+5.8%) are trading higher today related to the buyout of Maverick Tube Corp. (NYSE: MVK) (+37%) at a hefty premium. These companies make tubular steel products, which are primarily used in the oil and natural gas industry.

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