Universal Stainless & Alloy stockholders approve acquisition by Aperam
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 15 2025
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Acquisition Approval: Universal Stainless & Alloy's stockholders have overwhelmingly approved the company's acquisition by Aperam S.A., with approximately 99% of votes in favor.
Merger Details: Under the merger agreement, Universal stockholders will receive $45.00 per share in cash, and the transaction is expected to close in the first quarter of 2025.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
