U.S. Steel Takeover by Cleveland-Cliffs and Nucor Reported. Why Trump Is Key.
After a takeover by Japan’s Nippon Steel was blocked, a new deal may be gaining traction. The politics of Joe Biden and Donald Trump are center stage.
Cleveland-Cliffs CEO says he wants to buy U.S. Steel if Nippon deal fails
The move by Cleveland-Cliffs comes after the Biden administration blocked the U.S. Steel-Nippon tie-up on national security grounds.
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.
Cleveland-Cliffs CEO blasts ‘evil’ Japan, home of rival Nippon Steel: ‘You did not learn anything since 1945’
There’s renewed uncertainty over U.S. Steel’s future after President Biden decided to block Nippon Steel’s acquisition bid, worth over $14 billion, citing national security.
Cleveland-Cliffs and Nucor Mull Fresh Bid for U.S. Steel
Cleveland-Cliffs is discussing joining with Nucor on a possible bid for U.S. Steel that is still likely months away from happening, according to people familiar with the matter. U.S. Steel had planned to sell itself to Japanese steelmaker Nippon Steel but President Biden earlier this month blocked the transaction over concerns about foreign ownership and national security.
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.
Organizers charged after street takeover on I-95 in New Haven
Four people are accused of orchestrating a street takeover on Interstate 95 Sunday afternoon, according to state police. The ...
Colorado apartment to close after multiple arrests, claims of Venezuelan gang takeover
An Aurora, Colorado judge granted the 'emergency closure' of The Edge at Lowry Apartments after multiple arrests and rumored ...
SEC Sues Musk for 'Underpaying' for Twitter Stock Amid Takeover
The Securities and Exchange Commission sued Tesla CEO Elon Musk for allegedly delaying a disclosure of a stake in Twitter—allowing him to "underpay by at least $150 million for shares he purchased ...
Snap and Meta Stocks Fall as TikTok Attracts Last-Minute Takeover Talk
A potential ban on TikTok in the U.S. , where the app is used by 170 million people, is scheduled to come on Jan. 19.
CPS on the ‘financial brink’ and state takeover shouldn’t be out of the question, Civic Federation report says
Chicago Public Schools is on the financial brink and the state should consider taking over, according to budget watchdog ...
Royal Mail sees Christmas parcel boost as £3.6bn takeover nears completion
The owner of Royal Mail has said it remains on track to return to annual profit after a parcel boost over Christmas as its £3 ...
British activist investor seeks to disrupt Singapore’s Great Eastern takeover
Palliser Capital accuses OCBC of treating insurer’s minority shareholders unfairly as activist campaigns pick up in Asia ...
CPS perched on financial cliff, state financial takeover an option: report
The nation's fourth-largest school system is perched on a financial cliff, and will fall if something is not done soon, ...
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Sierra Metals rejects Alpayana's hostile C$0.85/share takeover offer
Sierra Metals (OTCQX:SMTSF) formerly rejected an unsolicited takeover bid from privately-held Peruvian miner Alpayana on ...