Exclusive: ArcelorMittal in talks to merge U.S. assets with Cleveland-Cliffs
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/4/2026
- Equities close higher as softer jobs data quiets rate-hike expectations
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- Equities close higher as softer jobs data quiets rate-hike expectations
- Cantor Fitzgerald on Rivian (RIVN): 'pre-announced that it delivered 19,248 vehicles in 3Q26, above our estimate'
- DISH DBS emerges from bankruptcy, cuts debt by $4.35 billion
- Tanker struck by projectile in Strait of Hormuz
- AppLovin shares fall after court denies request against Unity
ArcelorMittal (MT) Announces Share Buyback Authorization
September 28, 2020 6:28 AM EDTArcelorMittal (NYSE: MT) today announces a share buyback program (the Program) under the authorization given by the annual general meeting of shareholders held on June 13, 2020 (the AGM Authorization).
For the background of this program, reference is made to our press release dated 28 September 2020 relating... More
Cleveland-Cliffs (CLF) to Acquire ArcelorMittal USA (MT) for $1.4B
September 28, 2020 6:05 AM EDT(Updated - September 28, 2020 6:24 AM EDT)
Cleveland-Cliffs Inc. (NYSE: CLF) announced that it has entered into a definitive agreement with ArcelorMittal S.A. (NYSE: MT), pursuant to which Cleveland-Cliffs will acquire substantially all of the operations of ArcelorMittal USA LLC and its subsidiaries for approximately $1.4 billion. Upon closure of the transaction, Cleveland-Cliffs will be the largest flat-rolled steel producer in North America, with combined shipments of approximately 17 million net tons in 2019. The company will also be the largest iron ore pellet producer in North America, with 28 million long... More
