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Radius Recycling to be bought by Toyota Tsusho America for $30/share (RDUS:NASDAQ)

Scrap metal pieces laying in a pile

fotolinchen/E+ via Getty Images

Radius Recycling (NASDAQ:RDUS) +110.3% post-market Thursday after saying it agreed to be acquired by Toyota Tsusho for $30/share in cash, valuing the scrap recycling and steel manufacturing company at ~$1.34B and representing a 115% premium to Radius’ closing share price on March 12.

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