Tag: David Burritt

14Aug

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World

Esmark Bids for U.S. Steel, Setting Up Potential Battle for Steelmaker

U.S. Steel previously rejected a cash-and-stock offer from rival Cleveland-Cliffs; Esmark says it will pay $35 a share in cash.

13Aug

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World

Cleveland-Cliffs said it offered cash and stock worth $35 a share for its main competitor, valuing U.S. Steel at more than $7 billion.