Investors trying to take control of Norfolk Southern railroad pick up key supportThe activist investors trying to take control of Norfolk Southern are picking up key support.
The 122-year-old US Steel is reviewing "numerous" buyout offersAfter receiving two bids to acquire it in the past month, U.S. Steel has told its shareholders that it is in the process of reviewing multiple offers for the storied company and symbol of American industrialization.
American industrial icon US Steel is on the verge of being absorbed as industry consolidates furtherUnited States Steel Corp. seems poised to be soon purchased by a competitor, with two bidders revealed in a matter of days and more in the wings.
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternativesUnited States Steel Corp. said Sunday that it rejected a $7.3 billion buyout proposal from rival Cleveland Cliffs and was reviewing โstrategic alternativesโ after receiving several unsolicited offers.