Cleveland-Cliffs clashes with U.S. Steel as sale process gets underway -sources
NEW YORK (Reuters) -U.S. Steel Corp is locked in a spat with rival steelmaker Cleveland-Cliffs Inc over a confidentiality pact that would allow the latter to participate in a sale process that is underway, people familiar with the matter said on Wednesday. U.S. Steel has not opened its books to Cliffs since announcing on Aug. 13 it will explore a sale, even as it accepts initial bids this week from other potential acquirers, because Cliffs will not agree to its conditions, the sources said. Clif
Source: aol.com