Esmark Offers to Buy US Steel for Cash, Trumping Cliffs

Esmark Inc. has offered to buy United States Steel Corp. for $35 a share, trumping an earlier bid from Cleveland-Cliffs Inc. US Steel shares spiked on the news, rising as much as 43%. #press

https://www.bloomberg.com/news/articles/2023-08-14/esmark-offers-to-buy-us-steel-for-cash-trumping-cliffs?utm_source=press.coop