Page 38 - Cliffs Inc News Today

Steel processor Esmark Inc. offered to buy United States Steel Corp. for $7.8 billion, in the first rival bid after Cleveland-Cliffs Inc. made an unsolicited offer.

United States Steel Corporation (NYSE: X) shares rose sharply on Monday after the company rejected a $35 per share acquisition offer from Cleveland-Cliffs Inc.

Allred Capital Management LLC lessened its holdings in Cleveland-Cliffs Inc. (NYSE:CLF – Free Report) by 17.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 63,000 shares of the mining company’s stock after selling 13,500 shares during the quarter. Allred Capital […]

Inflation concerns and China growth are main concerns.

Allred Capital Management LLC cut its stake in Cleveland-Cliffs Inc. (NYSE:CLF – Free Report) by 17.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 63,000 shares of the mining company’s stock after selling 13,500 shares during the period. Allred Capital […]

When Cleveland-Cliffs Inc. quietly submitted its takeover bid for United States Steel Corp. it couldn’t have chosen a more fitting day. That morning, July 28,…

Cleveland-Cliffs Inc. Chief Executive Officer Lourenco Goncalves said he’s confident his takeover offer for United States Steel Corp. will succeed because it has the support of a key union.

The United Steelworkers are making it clear that the union exclusively supports Cleveland-Cliffs Inc.’s bid to buy United States Steel Corp.

There's a bidding war for U.S. Steel that includes Cleveland-Cliffs Inc. and is driven by a recent steel boom.

Esmark Inc majority owner and chief executive James Bouchard said in an interview on Tuesday that his steel maker, which does not publicly report its…