EAST RUTHERFORD, NJ — (Marketwired) — 09/17/14 — The Alpine Group, Inc. (PINKSHEETS: APNI) announced today that its Board of Directors had approved a distribution to shareholders of $.40 per share pursuant to the Company–s Plan of Liquidation adopted last year. The liquidation distribution is anticipated to be made on or about October 15, 2014 to shareholders of record on October 9, 2014. On April 30, 2014, the Company made an initial liquidation distribution of $.25 per share and based on
EAST RUTHERFORD, NJ — (Marketwired) — 08/27/13 — The Alpine Group, Inc. ("Alpine"). The Company is progressing the Plan of Liquidation and Dissolution announced April 9, 2013.In June 2013, the Company completed the sale of certain fixed assets and goodwill of Posterloid Corporation to Visual Graphic Systems, Inc. for (i) $500,000 paid in cash at closing plus (ii) an amount equal to 6.5% of sales to Posterloid-s customers over the three year period commencing October 1, 2013, payabl
EAST RUTHERFORD, NJ — (Marketwired) — 04/09/13 — The Alpine Group, Inc. ("Alpine") (PINKSHEETS: APNI) announced that it has adopted a Plan of Complete Liquidation and Dissolution of the Corporation (the "Plan"). The Plan was approved on January 15, 2013 by its Board of Directors and on April 8, 2013 by written consent of stockholders holding over 50% of our issued and outstanding common stock (par value $0.10 per share) (the "Common Stock"). In accordance with t
EAST RUTHERFORD, NJ — (Marketwired) — 04/04/13 — The Alpine Group, Inc. ("Alpine") (PINKSHEETS: APNI) today posted its audited annual financial statements for the year ended December 31, 2012 to its Website ().For the year ended December 31, 2012 revenues decreased by $70.4 million from $167.4 to $96.9 million, due primarily to the termination effective November 1, 2011 of the tolling agreement between Exeon Inc. and Wolverine Tube, Inc.The table below reflects Alpine-s non-GAAP ne
EAST RUTHERFORD, NJ — (Marketwire) — 05/16/12 — The Alpine Group, Inc. ("Alpine") (PINKSHEETS: APNI) today posted its quarterly financial statements for the three months ended March 31, 2012 to its Website ().For the three months ended March 31, 2012 revenues of $41.2 million represented a decrease of $8.9 million from $50.1 million in the comparative 2011 quarter, due primarily to the termination of the tolling agreement between Exeon Inc. and Wolverine Tube, Inc. effective Novem
EAST RUTHERFORD, NJ — (Marketwire) — 04/06/12 — The Alpine Group, Inc. ("Alpine") (PINKSHEETS: APNI) today posted its annual financial statements for the year-ended December 31, 2011 to its Website ().For the year-ended December 31, 2011 revenues increased by $43.6 million from $123.8 to $167.4 million, due to the net effect of higher copper and silver prices and recording of sales under a tolling agreement with a subsidiary of Wolverine Tube, Inc. The tolling agreement terminated
EAST RUTHERFORD, NJ — (Marketwire) — 08/16/11 — The Alpine Group, Inc. ("Alpine") (PINKSHEETS: APNI) today posted its quarterly financial statements for the three months ended June 30, 2011 to its Website ().For the three months ended June 30, 2011 revenues increased $20.9 million from $30.6 million in 2010 to $51.5 million in 2011, due primarily to higher copper and silver prices and increased volumes in the manufacture and sale of copper/silver alloys and joining materials under