Prnewswire·2026-01-16 19:27Core Viewpoint - The proposed sale of Olympic Steel, Inc. to Ryerson Holding Corporation is under investigation to assess whether the transaction adequately values Olympic Steel and the process leading to this valuation [1]. Group 1: Transaction Details - Shareholders of Olympic Steel will receive 1.7105 shares of Ryerson common stock for each share of Olympic Steel owned [1]. - Post-transaction, shareholders of Olympic Steel will own approximately 37% of the combined company [1]. Group 2: Legal Investigation - Kahn Swick & Foti, LLC is investigating the proposed sale to determine if the consideration is adequate or if it undervalues Olympic Steel [1]. - The law firm is open to discussions regarding legal rights related to the proposed sale without obligation or cost to interested parties [2].