Steel Industry Disruption: Cleveland-Cliffs' Bid to Acquire U.S. Steel
Cliffs offered U.S. Steel $17.50/share (in cash) plus 1,023 shares of Cliffs stock. U.S. Steel promptly rejected...
Source: agmetalminer.com
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Industrial icon U.S. Steel on verge of being absorbed as industry consolidates – Indianapolis Business Journal
A symbol of American industrialization that operated the world's largest steel plant in Indiana and helped build everything from the United Nations building in New York City to the New Orleans Superdome seems poised to soon be purchased by a competitor.
Source: ibj.com
ArcelorMittal reportedly weighing bid for U.S. Steel
Could ArcelorMittal be returning to the lakefront?
Source: nwitimes.com
$8 million tech development coming to Gary's historic Union Station
Fiber Smart House plans to move into the historic Union station at 251 Broadway in downtown Gary.
Source: nwitimes.com
Privately held Esmark makes offer for U.S. Steel, sets up bidding contest for iconic steelmaker – Indianapolis Business Journal
Industrial conglomerate Esmark said Monday it has made an all-cash offer to buy U.S. Steel that values the iconic steelmaker at $7.8 billion, topping an earlier offer from rival Cleveland-Cliffs.
Source: ibj.com