Por: MarketWatch Business August 15, 2023
Ohio-based Cleveland-Cliffs, the largest producer of flat-rolled steel in North America and the largest supplier of steel to the auto industry in the region, on Sunday made public a previously private offer for U.S. Steel for a per-share value of $17.50 in cash and 1.023 shares of Cleveland-Cliffs’ stock. That represents a 43% premium based on Friday’s closing stock price, valuing the company at about $7.25 billion. Cleveland-Cliffs’ offer... + full article
ABC News USA Business August 15, 2023
NEW YORK -- Industrial conglomerate Esmark said Monday it has made an all-cash offer to buy U.S. Steel that values the iconic steelmaker at $7.8 billion, topping an earlier offer from rival Cleveland-Cliffs. On Sunday, U.S. Steel said it had rejected a cash and stock offer from... + más
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ABC News USA Business August 14, 2023
NEW YORK -- 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.Pittsburgh-based U.S. Steel said it rejected the offer because... + más
U.S. Steel Looking at Options After Bid by Cleveland-Cliffs | MarketWatch
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Fox Business USA Business August 14, 2023
Check out what's clicking on FoxBusiness.com U.S. Steel Corp. began a formal review of its strategic options on Sunday after declining a from rival steelmaker Cleveland-Cliffs Inc. Cliffs made its offer public after U.S. Steel rejected the bid and announced a formal review... + más
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives | ABC News
U.S. Steel stock soars nearly 40% after company rejects $7.3 billion Cleveland-Cliffs offer, new bid emerges | MarketWatch
MarketWatch USA Business August 13, 2023
Cliffs said the offer was rejected Sunday by U.S. Steel’s board, which it said called it “unreasonable.” “As such, I believe it necessary to now make our proposal public to help expedite substantive engagement between our two companies,” Cliffs Chief Executive Lourenco... + más
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“This decision follows the Company receiving multiple unsolicited proposals that ranged from the acquisition of certain production assets to consideration for the whole Company,” said CEO David Burritt in a . “The Board is taking a measured approach to considering these... + más
At Pine Cliffs, You Can Explore The Algarve’s Hidden Gems And Find The Best In Natural Wellbeing | Forbes
Forbes USA Life March 10, 2023
The Atlantic rollers are coming in fast as the sun streaks the cobalt sky with brazen, golden rays. It’s early morning on Falésia Beach, an undulating 5km stretch of sand on Portugal’s Algarve and, apart from a few hardy cold-water swimmers – their heads bobbing in the... + más
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“Eco-friendly” and “sustainable” are words tossed around pretty freely these days — much like “natural” wine, they’re often used to market intentions rather than actual accomplishments. But in the case of , an impeccable resort on Kaua‘i’s North Shore, mouth... + más
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