Esmark Offers to Buy US Steel for Cash, Trumping Cliffs
(Bloomberg) -- Steel processor and distributor Esmark Inc. offered to buy United States Steel Corp. for $7.8 billion in cash, presenting a rival bid to Cleveland-Cliffs Inc.’s unsolicited proposal for the US industrial icon.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesOutsider Milei Upends Argentina’s Election With Primary WinTech Giants, Yields Ticked Up in Choppy Session: Markets WrapChina Finance Giant’s Missed Payments Alarm Regulators, MarketsZuckerberg Sa
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