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Cleveland-Cliffs, Nucor Prepare US Steel Bid
Cleveland-Cliffs and Nucor Consider Joint US Steel Bid
Cleveland-Cliffs Inc. is partnering with Nucor Corp. to weigh a potential joint bid for United States Steel Corp., according to a person familiar with the matter.
Cleveland-Cliffs, Nucor Prepare US Steel Bid: Report
US steel companies Cleveland-Cliffs and Nucor are preparing a joint proposal to potentially acquire US Steel after the White House blocked a takeover by Japan's Nippon Steel, CNBC reported Monday.
US Steel jumps on report Cleveland-Cliffs, Nucor partnering for takeover bid
US Steel ( NYSE: X) jumped 8% amid a report that Cleveland-Cliffs ( CLF) is partnering with Nucor Corp. ( NUE) for a potential bid for the steelmaker in the high $30s a share in cash. Cliffs ticked higher by 0.8%, while Nucor ( NUE) gained 2.4%.
2d
on MSN
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, even as the potential for a new bid for the ...
2d
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 ...
9d
on MSN
US Steel, Nippon sue Biden over move to block $14B deal: ‘Shameful and corrupt’
The lawsuit, filed in a federal court in Washington, accused Biden and senior administration officials of corrupting the deal ...
9d
on MSN
US Steel and Nippon Steel sue Biden administration over blocked merger
U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a ...
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 ...
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