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U.S. Steel, Cleveland-Cliffs

Hosted on MSN · 3h

Cleveland-Cliffs could rename, relocate if it acquires U.S. Steel

There is only one Fortune 500 Company with "Cleveland" in its name. Why it matters: Maybe not for long. Driving the news: Cleveland-Cliffs CEO Lourenco Goncalves announced Monday in a rambling two-hour press conference that if a proposed acquisition of U.

Cleveland · 15h

If Cleveland-Cliffs acquires US Steel, its CEO says the headquarters of the new company would be in Pittsburgh

If Cleveland-Cliffs is able to acquire US Steel, its CEO says the headquarters of the new entity would be in Pittsburgh, not Cleveland.

Cleveland-Cliffs eyeing all-cash bid for U.S. Steel, source says

Cleveland-Cliffs is partnering with peer Nucor to prepare a potential all-cash bid for U.S. Steel, with an offer in the high $30s per share, a person familiar with the matter said on Monday. Cliffs is aiming to purchase all of U.

Seeking Alpha on MSN · 1d

Cleveland-Cliffs CEO says he has funding for US Steel deal - Semafor

CEO Lourenco Goncalves said he has the funding for a US Steel (NYSE:X) potential acquisition in the $8 billion range. Goncalves declined to say which banks had committed to financing an offer, the Cliffs CEO told Semafor in an interview published on Tuesday.

New rival bid for U.S. Steel emerging

The Associated Press on MSN · 1d

A new rival bid for US Steel is emerging as the US extends deadline on Nippon’s bid blocked by Biden

The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, now that the Biden Administration pushed back the deadline it imposed for the Japanese steelmaker to abandon its plan to acquire the storied Pittsburgh company.

Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies say

The Biden administration delayed until June an order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel , the companies said on Saturday, giving them some time to revive the politically contentious deal.

Washington Times · 1d

New rival bid for U.S. Steel emerging as deadline on Nippon’s blocked bid extended

The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge Monday.

1d

American Competitor Signals Possible New Bid for U.S. Steel

The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American ...

14hon MSN

Nippon Steel wants to work with Trump administration on US Steel deal, Mori tells WSJ

Japan's Nippon Steel remains interested in working with the incoming administration of Donald Trump to try to seal a takeover ...

1d

Possible takeover bid for US Steel reported

United States Steel Corp. shares rose Monday after cable financial news channel CNBC reported that Cleveland-Cliffs Inc. and ...

5d

U.S. Steel, Its Merger Blocked, Faces Stark Alternatives

The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it ...

6d

US Steel spat strengthens case for deal guardrails

A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...

2d

United States Steel Represents A Great Risk To Reward Prospect At Current Pricing

United States Steel's strategic investments position it well for future growth and modernization. See why X stock is a Buy.

1d

Shapiro could support new U.S. Steel buyout offer

A joint bid for U.S. Steel from two domestic rivals has the potential support of Gov. Josh Shapiro. In a statement to The ...

3h

U.S. Steel contributes $30K to support Bidwell Training Center program

Amid the ongoing saga of its proposed $14.9 billion acquisition by Japanese steelmaking giant Nippon Steel, and with big ...

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