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Merit Sells Excell Materials

Harsco Corp. (NYSE: HSC) has agreed to acquire Excell Materials Inc., a Pittsburgh-based developer of  minerals technologies for commercial applications through the reclamation and recycling of high value content from steelmaking slag, from Merit Capital Partners. No financial terms were disclosed. Excell posted 2006 sales in excess of $100 million. http://www.excellminerals.com/