Prnewswire·2026-02-12 16:00Core Viewpoint - Ryerson Holding Corporation and Olympic Steel, Inc. have received shareholder approval for their merger, with the transaction expected to close on February 13, 2026, pending customary closing conditions [1]. Company Overview - Ryerson is a leading value-added processor and distributor of industrial metals, operating in the United States, Canada, Mexico, and China, with approximately 4,300 employees across 106 locations [1]. - Olympic Steel, founded in 1954, is a prominent U.S. metals service center specializing in the sale and processing of various steel and metal products, operating from 53 facilities [1]. Merger Details - Upon closing, Olympic Steel shareholders will receive 1.7105 shares of Ryerson common stock for each share of Olympic Steel common stock [1]. - Following the merger, shares of Olympic Steel will cease trading and will no longer be listed on the NASDAQ exchange [1].