OSS Capital Asserts Reported Joint Venture Involving Hexcel Competitors Could Put Hexcel Profit Margins at Further Risk (PR Newswire via Yahoo! Finance)
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OSS Capital Management LP , which together with affiliates beneficially owns approximately 5.3 million common shares of Hexcel Corporation , representing over 5.5% of the Company’s outstanding shares, today noted that, according to a Bloomberg news report dated May 4, 2008, Hexcel competitors Toray Industries, Teijin Ltd., and Mitsubishi Rayon will set up a joint venture next year to mass …