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U.S. Steel explores options after rejecting $7.3 billion offer from Cleveland-Cliffs

Published: August 14, 2023

United States Steel Corp on Sunday launched a formal review of its strategic options, after rebuffing a takeover offer from rival steelmaker Cleveland-Cliffs…

Source: biztoc.com

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United StatesCliffs IncUnited States Steel Corp OnUnited States Steel CorpOhio Based CliffsReaking News

U.S. Steel rejects takeover bid from Cleveland-Cliffs, begins strategic review

Published: August 13, 2023

The deal would combine two of the world's largest steelmakers, but U.S. Steel rejected the "unreasonable" offer.

Source: fortune.com

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United StatesLourenco GoncalvesDavidb BurrittJ Pierpont MorganAk Steel Holding CorpAndrew Carnegie Steel CoGoldman SachsBarclays CapitalOhio Based CliffsChief Executive Officer Lourenco GoncalvesAndrew CarnegieCarnegie SteelChief Executive Officer DavidBig River Steel