U.S. Steel explores strategic alternatives after rejecting Cleveland-Cliffs offer (NYSE:X)

August 14, 2023

in Stocks

Reading Time: 2 mins read

Update 5:20pm: Adds Cleveland-Cliffs takeover offer, rejection.

U.S. Steel (NYSE:X) said it started a formal review process after rejecting a $7.25 billion cash and stock takeover offer from Cleveland-Cliffs (NYSE:CLF).

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U.S. Steel explores strategic alternatives after rejecting Cleveland-Cliffs offer (NYSE:X)

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U.S. Steel explores strategic alternatives after rejecting Cleveland-Cliffs offer (NYSE:X)

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