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U.S. Steel Received Multiple Bids in Excess of $40 a Share

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United States Steel Corporation (BATS:X)  
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BATS:X   United States Steel Corporation
Trend Analysis Technical Indicators Fundamental Analysis xsteel unitedstatessteel buyout
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trendanalysis indicator fundamental xsteel unitedstatessteel buyout
U.S. Steel has received multiple bids for the steelmaker in excess of $40 a share, sources familiar told CNBC.
In regards to the news, U.S. Steel shares rose more than 3%.

The sale process started in August when rival Cleveland-Cliffs made an unsolicited bid of $7.3 billion. U.S. Steel rejected that offer.


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