Universal Stainless Stockholders Approve Acquisition by Aperam
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Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) stockholders have approved the company's acquisition by Aperam S.A. Stockholders will receive $45.00 per share in cash.
January 15, 2025 | 10:30 pm
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Universal Stainless & Alloy Products, Inc. stockholders have approved the acquisition by Aperam S.A., with stockholders receiving $45.00 per share in cash.
The approval of the acquisition by stockholders is a significant event for USAP, as it confirms the merger will proceed. The agreed cash price of $45.00 per share is likely to positively impact the stock price in the short term as it aligns with the acquisition terms.
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