Signature Group to Mimic Private Equity Format

The Deal Pipeline

By Tatiana Kulkarni

Following its recently announced $525 million acquisition of Aleris Corp.’s aluminum recycling business, Signature Group Holdings Inc. (SGGH) looks to pursue the model of a publicly traded private equity firm.

“While remaining flexible, one outcome would be to become a mini-mini Berkshire Hathaway,” said CEO Craig Bouchard, referring to Warrant Buffett’s PE-like Berkshire Hathaway Inc. (BRK.A) of Omaha.

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Aleris to Sell Aluminum-Recycling Unit to Signature

Bloomberg

By Sonja Elmquist

Aleris Corp. (ARS), the aluminum maker owned by Oaktree Capital Management LP, agreed to sell its recycling unit to Signature Group Holdings Inc. (SGGH) for $525 million in cash and stock.

Global Recycling and Specification Alloys is the largest independent recycler of aluminum, Sherman Oaks, California-based Signature said today in a statement. The growth in recycled aluminum consumption is expected to outpace primary aluminum for the next decade, it said.

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Aleris International Inc. to Sell Recycling and Specification Alloys Businesses for $525 Million

Crain’s Cleveland Business

By Rachel Abbey McCafferty

Beachwood-based Aleris International Inc. announced it will sell its North American and European Recycling and Specification Alloys businesses to an affiliate of Signature Group Holdings Inc. for more than half a billion dollars.

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Nothing Hostile in Craig Bouchard’s Latest Venture

Crain’s Chicago Business, Blog

By Shia Kapos

Local businessman Craig Bouchard has written an e-book with an accompanying video game he hopes will change the world of publishing with its philanthropic model.

If you know his history at all, you know he just might do it.

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Your Organic Child

YourOrganicChild.com

Blog by KAT

Adventures of Ai  is an upcoming children’s eBook written by New York Times bestselling author, Craig Bouchard.  The story is a part non-fiction and part fiction fantasy targeted at girls and boys ages 9-12 for the pressures they will encounter as they grow up, and incorporates subjects like art, history, poetry, music and mathematics.

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Truth Teller Mom

Blog by Liz Hendricks

I recently had the pleasure of reading a childrens book before its release on July 16th. The book is “Adventures of Ai” and takes you on an adventure like no other adventure I’ve been on with a book. Yes this is childrens book targeted at girls and boys ages 9-12 but after experiencing the ride it took me on, I would say this book is for anyone!

Each chapter of this book takes you to a different place in the world literally and you have no idea where you will end up. First you think you are just reading about story time but the author pulls you into the story and once its over you have totally forgotten it is fiction. Craig Bouchard is a New York Times bestselling author and I can see why. His ability to to draw you into the story and make you feel as though you are experiencing it first hand is outstanding.

I would highly recommend this book to all families. There are chapters and advertures in this book that I am sure anyone can relate to. I dont want to give away too much but this book twists fiction and non-fiction and when its turns fiction you become hooked. Ai is an amazing character that you want to know everything about and cant put the book down until you know everything about her.

A Busy Four Years for Craig Bouchard

Hinsdalean

by Pamela Lannom, Editor

When I first met Craig Bouchard in July 2010, he told me about his business endeavors (owning oil companies, the Naples Bath and Tennis Club, and a steel company with $4 billion in revenue, to name a few). Then he surprised me with the comment that he thought his greatest accomplishment would be the children’s novel he was finishing.

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How to Succeed in Business the Caterpillar Way

BusinessNewsDaily

By Elizabeth Palermo, BusinessNewsDaily Contributor

What do bulldozers and businesses have in common? Their fate depends on whoever is sitting in the driver’s seat. No one understands this better than the management at Caterpillar Inc. (CAT), the world’s leading manufacturer of heavy machinery, whose trademark yellow machines — bulldozers included — can be found everywhere from construction sites in the U.S. to mining excavations in China. Over the past several decades, CAT has achieved a level of efficiency and profitability unmatched by any of its competitors, and it’s done so with the help of a few great leaders.

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Quincy Jones, Yue-Sai Kan To Advise Former Steelmaker’s Electric Vehicles Venture In China

Released on forbes.com

Heng Shao, Forbes Staff

China’s State Council has approved new policies stimulating growth of new energy automobiles this week, including tax reductions for and direct subsidies to clean-energy car producers, and financial support for the construction of charging stations, 21st Century Business Herald reported.

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Signature Group’s Secret Weapon — Losing $900 Million

San Fernando Valley Business Journal

By JOEL RUSSELL, Staff Reporter

Can a new chief executive reverse the long story of losses at Signature Group Holdings Inc.?

That’s the question shareholders hope will be answered on July 16, when the Sherman Oaks company convenes its annual meeting. The gathering comes on the heels of an aborted proxy battle and executive shake-up that made Craig Bouchard the new top executive.

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