Universal stainless signs definitive agreement to be acquired by aperam for $45.00 per share in all-cash transaction

- conference call scheduled at 9:00 am (et) today - universal stockholders to receive $45.00 per share in cash, a 19% premium to three-month volume-weighted average stock price; 10.6x trailing 12-month adjusted ebitda universal to become part of leader in stainless, specialty steel solutions and recycling, with complementary capabilities and strong financial resources universal to maintain distinct u.s. identity; team and operations to remain intact bridgeville, pa., oct. 17, 2024 (globe newswire) -- universal stainless & alloy products, inc. (nasdaq: usap) (“universal” or the “company”) announced today that it has entered into a definitive agreement to be acquired by aperam in an all-cash transaction.
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