Esmark Inc. Announces All-Cash Public Offer for U.S. Steel Shares
SEWICKLEY, Pa.--(BUSINESS WIRE)--Aug 14, 2023--
Source: valdostadailytimes.com
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SEWICKLEY, Pa.--(BUSINESS WIRE)--Aug 14, 2023--
Offering $35 per share Esmark, Inc. announced today a voluntary public cash and exchange offer for all issued and outstanding shares in U.S. Steel Corporation (NYSE:X) ("U.S. Steel") for $35 USD per share. The initial
Cleveland-Cliffs has been outbid for U.S. Steel by Esmark, a suburban Pittsburgh-based industrial company with a long involvement in the steel industry.