Cleveland-Cliffs could rename, relocate if it acquires U.S. Steel
There is only one Fortune 500 Company with "Cleveland" in its name. Why it matters: Maybe not for long. Driving the news: Cleveland-Cliffs CEO Lourenco Goncalves announced Monday in a rambling two-hour press conference that if a proposed acquisition of U.
Cleveland-Cliffs CEO Speech Holds Some Gems for U.S. Steel Investors
Cleveland-Cliffs CEO Lourenco Goncalves said a lot in a lengthy Monday press conference. Amid the rhetoric was some hope for U.S. Steel investors.
If Cleveland-Cliffs acquires US Steel, its CEO says the headquarters of the new company would be in Pittsburgh
If Cleveland-Cliffs is able to acquire US Steel, its CEO says the headquarters of the new entity would be in Pittsburgh, not Cleveland.
Cleveland-Cliffs CEO threatens to take house, car and dog of Nippon Steel CEO in court
"I already initiated my investigation on how to import dogs from Japan," Cleveland-Cliffs CEO Goncalves said. "I'll go after him personally and I'll take his last penny, his house, his car and his dog.
Pompeo likens Cleveland-Cliffs CEO comments to Putin or Xi in US Steel dustup
Pompeo said that for the past several decades, Tokyo has been “amongst our greatest allies in the delivering security for the American people.”
Cleveland-Cliffs and Nucor Consider Joint US Steel Bid
Cleveland-Cliffs Inc. is partnering with Nucor Corp. to weigh a potential joint bid for United States Steel Corp., according to a person familiar with the matter.
Cleveland-Cliffs CEO believes U.S. Steel can stand on its own but would benefit from consolidation
Cleveland-Cliffs CEO Lourenco Goncalves said further consolidation of the steel industry would be beneficial for U.S. Steel and Cleveland-Cliffs, as it would result in more economies of scale. U.S. Steel's Clairton Coke Works Plant for instance could supply Cleveland-Cliffs' Indiana Harbor Works and Burns Harbor Works steel mills in Northwest Indiana,
Cleveland-Cliffs CEO says he has funding for US Steel deal - Semafor
Cleveland-Cliffs CEO Lourenco Goncalves has secured funding for a potential $8 billion acquisition of US Steel, with Nucor as a partner.
Cleveland-Cliffs still interested in U.S. Steel if pending merger fails
Cleveland-Cliffs CEO Lourenco Goncalves said Monday his company is ready to make another offer for U.S. Steel if its attempted merger with Japan’s Nippon Steel fails for good. “We have an all-American solution,
Cleveland-Cliffs Eyes All-Cash Purchase of U.S. Steel
After Nippon Steel's bid was thwarted by the Biden administration, other American competitors are looking for an acquisition.
Cleveland-Cliffs CEO calls Japan ‘evil’ as he reiterates interest in acquiring U.S. Steel
Cleveland-Cliffs CEO Lourenco Goncalves said Monday he had a plan to buy U.S. Steel as he launched a tirade against Japan, calling the close U.S. ally “evil.”
Cleveland-Cliffs CEO blames US 'weakness' for keeping Nippon deal alive, putting wrench in rival bid plans
Cleveland-Cliffs CEO Lourenco Goncalves criticized the deadline extension keeping Nippon Steel's bid to acquire U.S. Steel ...
Mon Valley mayor reacts to Cleveland-Cliffs potential bid to buy U.S. Steel
U. S. Steel has a merger agreement with Nippon Steel and remains committed to completing it. Only Nippon Steel’s partnership ...
American Competitor Signals Possible New Bid for U.S. Steel
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American ...
Steel Titans Clash: Cleveland-Cliffs' Bold Bid to Take Over US Steel Sparks Industry-Wide Drama
But the drama doesn't stop there. Goncalves isn't just throwing money aroundhe's weaponizing patriotism. Labeling Nippon ...
Cleveland-Cliffs (CLF) Receives a Hold from Bank of America Securities
Bank of America Securities analyst Lawson Winder maintained a Hold rating on Cleveland-Cliffs (CLF – Research Report) today. The company’s ...
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New rival bid for US Steel emerging as US extends deadline on Nippon's bid blocked by Biden
Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday that he wanted to ...
U.S. Steel rises on CNBC report of American rivals mulling bid
United States Steel Corp. shares rose after CNBC reported that Cleveland-Cliffs Inc. and Nucor Corp. are considering a ...