Definitions
from The Century Dictionary and Cyclopedia
- n. Fragments of any kind of metal which are of use only for reworking or remelting.
Etymologies
Sorry, no etymologies found.
Examples
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This scrap-metal skeleton sculpture, "Jibetarian," is on display at the National Art Center in Tokyo -- it's a student piece from Tokyo Zokei University.
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Last week, scrap-metal trader Peter Mathews canceled deals because the common currency was moving so rapidly that his company, Black Country Metals Ltd., struggled to make timely quotes to customers.
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Billionaire investor Carl Icahn 's Icahn Enterprises LP has offered to acquire Commercial Metals Co. in an unsolicited bid that values the scrap-metal processor at roughly $1.73 billion.
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Icahn Enterprises has offered to acquire Commercial Metals in an unsolicited bid that values the scrap-metal processor at roughly $1.73 billion.
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In his proposal letter Monday, Mr. Icahn said he was interested in paying a premium for the company due to Icahn Enterprises' ownership of scrap-metal processor PSC Metals Inc.
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He then drove to a scrap-metal yard, where police say he had already sold hundreds of vases with a replacement value of up to $600 each.
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He left school at 15 and started a scrap-metal business in 1976, building it up through acquisitions.
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The billionaire activist investor has angled for control of the scrap-metal processor in recent months, criticizing management and urging the board to sell the company.
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Commercial Metals Co.'s board unanimously rejected activist investor Carl Icahn 's unsolicited bid to buy the scrap-metal processing firm, saying the "opportunistic" and "bargain basement" offering price substantially undervalues the company's future prospects.
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Mr. Icahn, who holds a roughly 10% stake in the company, has been sharply critical of the the scrap-metal company's board and management in recent months.
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