Cleveland-Cliffs Proposes to Acquire U.S. Steel
Creates the Only American Steel Company Among the Top 10 Steelmakers in the World and One of the World's Top 4 outside of China
Provides Customers and Workers a Stronger and More Innovative American Steel Producer, With Scale to be Internationally Competitive
Provides U.S. Steel Shareholders an Immediate and Substantial Premium of 43% and Significant Upside Potential from the Combined Company
Combined Company Expected to Generate Synergies of Approximately $500 Million
Proposal Provides a Clear Roadmap to Completion, including the Strong Support and Backing of the USW
Cleveland-Cliffs Inc. (NYSE:CLF) ("Cleveland-Cliffs" or "Cliffs") is publicly announcing a previously private offe
