J.D. Vance Thinks U.S. Steel's Shareholders Weren't Adequately Warned of J.D. Vance's Efforts To Block Sale [Yahoo! Finance]
Cleveland-Cliffs Inc. (CLF)
Last cleveland-cliffs inc. earnings: 2/20 07:00 am
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Source: Yahoo! Finance
Even against that backdrop, Vance's latest gambit is a shocking and shameless attempt at using federal power to steer U.S. Steel's shareholders away from the deal. In a letter to the Securities and Exchange Commission (SEC), Vance argues that U.S. Steel's shareholders have been inadequately informed about what he calls "considerable—perhaps even insurmountable—obstacles to regulatory approval" of the Nippon deal. In light of those potential difficulties, Vance is asking the SEC to review the information that U.S. Steel provided to its shareholders, who are set to meet on April 12 to approve the deal. On its face, this is pretty rich. As Dominic Pino points out at National Review , Vance has been pushing for many of those "considerable" federal regulatory obstacles that he's now fretting about. And Vance's ultimate goal seems to be getting Ohio-based Cleveland-Cliffs another shot at purchasing U.S. Steel, even though Japan-based Nippon offered a better price. In effect, Vance is n
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CLF
Earnings
- 4/22/24 - Miss
CLF
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- CLF's page on the SEC website