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U.S. Steel, Cleveland-Cliffs

Hosted on MSN · 1h

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 · 13h

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 · 23h

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.

A new rival bid for US Steel emerges

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.

Hosted on MSN · 12h

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 of U.S. Steel, its vice chairman Takahiro Mori said an opinion piece in the Wall Street Journal.

The Washington Post · 9d

Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled

Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel

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 ...

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 ...

8don MSN

US rejection of Nippon Steel's bid for US Steel rankles Washington's key ally in Asia

U.S. President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel on national security grounds isn’t ...

1h

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 ...

6hon MSN

Cleveland-Cliffs CEO blames US 'weakness' for keeping Nippon deal alive, putting wrench in rival bid plans

Cleveland-Cliffs CEO Lourenco Goncalves criticized the deadline extension keeping Nippon Steel's bid to acquire U.S. Steel ...

1don MSN

U.S. Steel Stock Is Rising on Hopes for Other Bidders

Cliffs followed that report up with a lengthy press conference hosted by CEO Lourenco Goncalves that further boosted hopes ...

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