Cliffs CEO Says His US Steel Bid Is 'Absolutely Gone'
The combative chief executive officer of Cleveland-Cliffs Inc. who lambasted United States Steel Corp.’s decision to sell itself to a Japanese steelmaker said…
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The combative chief executive officer of Cleveland-Cliffs Inc. who lambasted United States Steel Corp.’s decision to sell itself to a Japanese steelmaker said…
Although U.S. stocks closed higher on Thursday, there were a few notable insider trades.
(Bloomberg) -- The combative chief executive officer of Cleveland-Cliffs Inc. who lambasted United States Steel Corp.’s decision to sell itself to a Japanese steelmaker said his company’s offer is off the table.Most Read from BloombergDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierA $560 Billion Property Warning Hits Banks From NY to TokyoQQQ Up in Late Trading as Meta Soars, Apple Falls: Markets WrapLewis Hamilton to Join Ferrari F1 Team in 2025, Leaving MercedesDeutsche
Ron Bloom, a director at Cleveland-Cliffs Inc (NYSE:CLF), has increased his stake in the company by purchasing 25,000 shares on February 1, 2024, according to a recent SEC Filing.
The steel maker is still ‘firmly committed’ to growing via M&A as well.