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US Steel back up for sale after "Unsolicited Offers"
Posted on 8/14/23 at 1:43 pm
Posted on 8/14/23 at 1:43 pm
Forbes
Wonder who would make an unsolicited offer for a 122 year old company valued at 5 billion?
Their stock ticker seems to be $X.
![](https://y.yarn.co/931e88c1-da17-469e-9b89-c052003af639_text.gif)
Wonder who would make an unsolicited offer for a 122 year old company valued at 5 billion?
Their stock ticker seems to be $X.
![](https://y.yarn.co/931e88c1-da17-469e-9b89-c052003af639_text.gif)
Posted on 8/14/23 at 1:58 pm to AllDayEveryDay
quote:Probably someone who thinks they can cut costs (probably try to decertify the USW union contracts or at least renegotiate the existing labor contracts), clean up the balance sheet by selling off a few parts using the money to pay down debt and then sell the new company for $10 billion.
Wonder who would make an unsolicited offer for a 122 year old company valued at 5 billion?
![](https://images.tigerdroppings.com/Images/icons/shrug.gif)
Posted on 8/14/23 at 2:18 pm to AllDayEveryDay
i wonder if Nucor would put in an offer.
This post was edited on 8/14/23 at 2:24 pm
Posted on 8/14/23 at 2:51 pm to AllDayEveryDay
would be ironic if it was Marathon Oil "buying" them. i think it was 80s/90s that US Steel bought Marathon....
Posted on 8/14/23 at 3:48 pm to No Colors
Obviously elon buying the ticker symbol. The crazy part is that this could be true...
Posted on 8/15/23 at 9:20 am to LSURussian
quote:that’s got to be way easier said than done
probably try to decertify the USW union contracts
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