Tuesday, February 07, 2006

Arcelor mulls buying US Steel to help ward off Mittal

And now normally staid steel mills are dancing and trading partners like debutant darlings ...
Yahoo! News
European steelmaker Arcelor is examining the possibility of buying US rival US Steel as a potential poison pill against a hostile takeover by Mittal Steel, the Frankfurter Allgemeine Zeitung reports.

// posted by Michael @ 2/07/2006 09:15:00 AM
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