M&A
confidence high
sentiment positive
materiality 0.85
Ryerson and Olympic Steel shareholders approve merger; closing expected Feb 13
Ryerson Holding Corp
- Ryerson stockholders voted 29.1M for, 155.6K against on share issuance to fund merger with Olympic Steel.
- Olympic Steel shareholders also voted to approve the merger at their special meeting on Feb 12.
- Closing expected Feb 13, 2026; Olympic Steel (ZEUS) will cease trading on NASDAQ after close.
- Exchange ratio: 1.7105 Ryerson common shares per Olympic Steel share.
- Merger will combine two major U.S. metals service centers under Ryerson (RYI) ownership.