Sep 6, 2024 · US Steel is threatening to shutter a number of mills if the Biden administration blocks its sale to would-be Japanese buyer Nippon Steel. But another rival, Cleveland Cliffs, is offering to buy...

Aug 13, 2023 · CLEVELAND-- (BUSINESS WIRE)-- Cleveland-Cliffs Inc. (NYSE: CLF) (“Cleveland-Cliffs” or “Cliffs”) is publicly announcing a previously private offer that it had presented to the Board of the United States Steel Corporation (NYSE:X) (“U.S. Steel”) on July 28, 2023.

3 days ago · If Cleveland-Cliffs offers stock for U.S. Steel, it can share estimated annual synergies worth nearly $4 billion once taxed and capitalized. Ancora also owns just a tiny stake, leaving it scope to ...

Jan 13, 2025 · "I have a plan, I have an all-American solution in place. The all-American solution centers on people, on workers," said Cleveland-Cliffs CEO Lourenco Goncalves.

May 21, 2024 · CLEVELAND--(BUSINESS WIRE)-- Cleveland-Cliffs Inc. (NYSE: CLF) today addressed the inaccurate allegations published by the U.S. Steel Board on May 21, 2024, regarding its doomed attempt to sell its company to a foreign buyer without Union support.

Aug 18, 2023 · Cleveland-Cliffs Inc. (Cleveland-Cliffs) announced on August 13, 2023 that it had presented to the board of directors of U.S. Steel Corporation (U.S. Steel) a proposal to acquire 100% of the outstanding stock of U.S. Steel.

Jan 14, 2025 · In the wake of President Joe Biden blocking Nippon Steel's bid to buy U.S. Steel, Cleveland-Cliffs has renewed its offer to become the new owner of the once-mighty steel giant.

Sep 6, 2024 · Cleveland-Cliffs is reiterating its interest in buying unionized mills that U.S. Steel is threatening to close should its takeover by Japan's Nippon Steel get blocked by President Joe Biden.

Aug 14, 2023 · NEW YORK (AP) — United States Steel Corp. said Sunday that it rejected a $7.3 billion buyout proposal from rival Cleveland Cliffs and was reviewing “strategic alternatives” after receiving several unsolicited offers.

Aug 13, 2023 · PITTSBURGH-- (BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel” or “the Company”) today confirmed that it has invited Cleveland-Cliffs Inc. (“Cleveland-Cliffs”) to participate in its previously announced strategic review process.