United States Steel Corp. Edgar Thomson Plant in Braddock, Pennsylvania, U.S., on Saturday, Sept. 12, 2020. New York CNN —
United States Steel Corp. ( X ) is considering a sale after fielding acquisition offers, according to a Sunday press release from the company.
The steel producer is under a formal review process after “receiving multiple unsolicited proposals” for both specific assets and the entire firm, the release announced.“U.S. Steel’s Board and management team are committed to maximizing value for our stockholders, and to that end, we have commenced a comprehensive and thorough review of strategic alternatives,” wrote David Burritt, U.S. […]
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