AK Steel (AKS) Sees Upside On Takeover Chatter
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AK Steel Holding Corporation (NYSE: AKS) is seeing interest on renewed takeover speculation.
Shares of AK Steel are up 2.6 percent, while rival U.S. Steel (NYSE: X) is down 2.2 percent.
While the rumors are unsubstantiated and we haven't heard anything specific, AK Steel is Number 37 on StreetInsider.com's editorially reviewed "Top 50 Takeover Targets" at M&A Central, so while the rumors are just that "rumors" at least they make some sense.
Shares of AK Steel are up 2.6 percent, while rival U.S. Steel (NYSE: X) is down 2.2 percent.
While the rumors are unsubstantiated and we haven't heard anything specific, AK Steel is Number 37 on StreetInsider.com's editorially reviewed "Top 50 Takeover Targets" at M&A Central, so while the rumors are just that "rumors" at least they make some sense.
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