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SPAC Legato Merger Corp. (LEGO) rose 2.6% in premarket trading on a report that it's in talks to take Canada's Algoma Steel public in a deal valued at more than $1B.The deal isn't finalized and could still fall apart, according to a Bloomberg report from Saturday.Algoma, based in Sa...
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Lego sales are on the rise following pandemic induced growth, the news comes amid popular sets from Lego Star Wars and Lego Harry Potter. The company announced that revenue throughout the first six months of the year had risen 17%, reaching USD3.5 Billion. Lego chief executive N...
NEW YORK, NEW YORK and SAULT STE. MARIE, ONTARIO, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Legato Merger Corp. (“Legato”) (Nasdaq: LEGO), a U.S. publicly-traded special purpose acquisition company, and Algoma Steel Group Inc. (“Algoma”), a fully integrated producer...
Algoma Steel and Legato Merger Corp. Sign Definitive Merger Agreement Canada NewsWire Transaction to result in Algoma Steel becoming a publicly listed company. At $10.00 per share of Legato common stock, this all-stock transaction values the combined company at...