Algoma Steel and Legato Merger Corp. Sign Definitive Merger Agreement
Jun 01, 2021 12:40 PM ET
Legal Newswire POWERED BY LAW.COM
The Canadian parent company of privately held Algoma Steel Inc. ("Algoma"), a leading independent steel producer with extensive steelmaking and finishingoperations in Sault Ste. Marie, Ontario, Canada, and Legato Merger Corp., a special purpose acquisition company ("Legato"), today jointly announced that they have entered into a definitive merger agreement that will result in Algoma becoming a publicly listed company with its common shares traded on the Nasdaq Stock Market. Algoma also intends to apply to list its common shares on the Toronto Stock Exchange.