U.S. Steel Being Sold, But To Who?
Posted on 08/30/2023
The purchase price of U.S. Steel will likely be over US$ 8 billion after an outpouring of interest has boosted the company’s prospects. U.S. Steel says it is facing multiple buyout offers after turning down a US$ 7.3 billion opportunity from Cleveland-Cliffs and a US$ 7.8 billion offer from Esmark. U.S. Steel says “numerous” suitors…