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Canada's Algoma Steel In Talks With Legato To Go Public Via SPAC Merger: Bloomberg
Sunday, May 23, 2021 - 12:24pm | 162Canada’s Algoma Steel Inc. is in talks with Legato Merger Corp (NASDAQ: LEGO) to go public through a SPAC merger, according to Bloomberg. The deal is expected to value the entity at more than $1 billion. The talks are in the preliminary stage, and the terms still could change or...