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14 Aug
20:39

Esmark announces bid to acquire US Steel

Esmark Inc. on Monday joined the bidding to acquire US Steel, offering $35 cash per US Steel share, Kallanish learns. Esmark chairman and ceo James P. Bouchard, who is a former US Steel vice president, says his Esmark team is “well positioned to come in and operate” the storied 122-year-old Pittsburgh-based steelmaker. "This is an exciting time as the entire American steel industry is restructuring," Bouchard adds. "With more than 40 ye…
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