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US stock fluctuations | United States Steel rises over 1.8% as two US companies plan to jointly acquire United States Steel.
On January 14, according to Gelonghui, United States Steel (X.US) rose more than 1.8%, while Cleveland-Cliffs (CLF.US) and Nucor (NUE.US) both fell more than 1%. According to sources, Cleveland-Cliffs is collaborating with its competitor Nucor to prepare a potential acquisition offer for United States Steel. Earlier, a takeover bid by Japan's Nippon Steel for United States Steel was blocked by the White House earlier this month on the grounds of National Security. (Gelonghui)
Express News | Two American companies plan to jointly acquire United States Steel, while Nippon Steel opposes this and states that it will complete its acquisition plan.
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The arrangement for Trump's inauguration ceremony has been announced: it is expected to cost 0.037 million dollars per minute.
① The inauguration activities of the president-elect Trump in the USA have been announced, including an official party, a MAGA rally, and a large fireworks display, with multiple events taking place at Trump's golf course outside Washington, D.C. ② Trump's inaugural committee has raised over $0.17 billion, expected to reach $0.2 billion, spending $0.037 million per minute, far exceeding the record of $8,600 per minute set during Obama's first inauguration.
Cleveland-Cliffs (CLF.US) and Nucor (NUE.US) are competing to acquire United States Steel (X.US).
According to informed sources, Cleveland-Cliffs is collaborating with competitor Nucor to prepare a potential takeover bid for United States Steel.
Cleveland-Cliffs, Nucor Mull Fresh Bid for U.S. Steel -- Update
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Express News | Cleveland Cliffs CEO Says He Wants to Buy U.S. Steel, Has a Plan
Express News | The CEO of Cliffs: If we can complete the acquisition of United States Steel (X) in partnership with Nucor, we will change the company's name to United States Steel.
Express News | Cleveland-Cliffs and Nucor are reportedly considering teaming up to bid for United States Steel.
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'U.S. Steel Stock Jumps On Report Of Possible Bid From Cleveland-cliffs And Nucor; Company Will Be Holding A Press Conference At 1 P.m. ET' - Axios
United States Steel (X.US) rose by 8%, reportedly considering a joint acquisition with Nucor (NUE.US) and Cleveland-Cliffs (CLF.US).
The bidding war for United States Steel (X.US) may become more complex, as reported by CNBC on Monday, with Nucor (NUE.US) and Cleveland-Cliffs (CLF.US) considering a joint bid for United States Steel. Earlier, President Biden blocked a $55 all-cash bid from the Japanese steelmaker on the grounds of National Security. United States Steel is suing to overturn that decision.
Benzinga Market Summary: Nasdaq Slides As Chip Stocks Fall On US Export Restrictions, Cleveland-Cliffs And Nucor Partner For Potential US Steel Bid, Lululemon Raises Guidance
Market Chatter: Cleveland-Cliffs Teams Up With Nucor in Potential Bid for US Steel
Express News | Japan Steel is facing obstacles in its acquisition, as two major steel companies in the United States plan a joint bid for United States Steel.
Cleveland-Cliffs Teaming With Nucor on Possible Offer for United States Steel, CNBC Reports
Express News | United States Steel initially rose over 8%, with its stock price hitting a new high in nearly a month. According to CNBC, Cleveland-Cliffs has allied with Nucor regarding the potential acquisition of United States Steel.
Express News | Cleveland-Cliffs up 2.2%, Nucor up 1.8%
United States Steel Shares Are Trading Higher Amid a Report That Cleveland-Cliffs Will Partner With Nucor to Make a Potential Bid for the Company.