Esmark makes offer for US Steel at $35 per share

In the midst of the ongoing competition for the acquisition of US Steel, yet another rival steel producer has entered the fray.

Esmark has made a significant move by publicly proposing an all-cash acquisition of US Steel at a rate of $35 per share on Monday.

Esmark’s offer timeline spans from August 14, 2023, to November 30, 2023, with the possibility of an extension, CNN reported.

READ MORE: https://www.cnn.com/2023/08/14/investing/us-steel-cleveland-cliffs/index.html

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