Seidel sees a future in slip lining
- From: Vol 6, Issue 12 (December 2005)
- Category: General
- Region: Americas
- Country: United States
- Related Companies: Applied Felts, CIPP Corp, Gelco, Insituform, JWM-Premier Pipe, Lanzo Lining Systems, National Liner, Underground Solutions Inc and US Filter
The former US Filter CEO is negotiating to join pipe rehabilitation specialists, Underground Solutions. Larry Chertoff looks behind the move.
Underground Solutions Inc. (UGSI) saw its share price surge by 200% last month when it announced that former US Filter CEO Andy Seidel was in line to join the company as CEO. The company\'s founder Mark Smith, will remain chairman in a primarily advisory role.
When the deal is finalised: it will involve a $3 million convertible preferred stock ...
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