Cleveland-cliffs reminds u.s. steel: you have no path to close

Cleveland--(business wire)--cleveland-cliffs inc. (nyse: clf) today addressed the inaccurate allegations published by the u.s. steel board on may 21, 2024, regarding its doomed attempt to sell its company to a foreign buyer without union support. lourenco goncalves, cliffs chairman, president and chief executive officer, said: “at cleveland-cliffs, we only deal with transparency. it is unfortunate that the u.s. steel board of directors is just now realizing that it announced an un-closeable dea.
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