Cleveland Cliffs (CLF)


August 14, 2023

US Steel Rejects Cleveland Cliffs’ Takeover Offer After the Latter Refuses to Engage in the Necessary/Customary Processes to Assess Valuation & Regulatory Issues – GLJ’s Take

By Gordon L. Johnson II

Cliff’s Offers to Pay a 42% Premium for US Steel, Effectively Crediting the Company for its “Best for All®” Strategy Before it’s Been Fully Executed (a huge plus for US Steel’s shareholders). Last night, we…

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