Aperam S.A. (Aperam), a global leader in stainless, specialty steel solutions and recycling, and Universal Stainless, a premier supplier in the aerospace and industrial sectors in the USA, are pleased to announce that the stockholders of Universal Stainless & Alloy Products, Inc. (“Universal” or the “Company”) have voted at a special meeting of Universal stockholders to approve the Company’s pending acquisition by Aperam S.A. Under the terms of the merger agreement governing the proposed acquisition, Universal stockholders are entitled to receive $45.00 per share in cash for every share of Universal common stock they own immediately prior to the effective time of the merger.
Courtesy of Aperam.