U.S. Steel asked to disclose buyout proposals
By Stephanie Ritenbaugh
Trib Total Media
Cleveland-Cliffs, the steelmaker attempting to acquire the historic Pittsburgh company U.S. Steel, wrote a letter demanding that U.S. Steel disclose any other buyout offers it has received. Last week, the United Steelworkers union said it would only back the Cleveland-based steel producer in acquiring U.S. Steel.
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