HomeLifestyleRetailX Receives Unsolicited Bid From CLF & AMC Wins Court Approval For Stock Conversion

X Receives Unsolicited Bid From CLF & AMC Wins Court Approval For Stock Conversion

U.S. Steel (X) is exploring strategic alternatives after unsolicited bid from Cleveland-Cliffs (CLF). X rejected the $7.3B offer from CLF. Caroline Woods discusses this along with recent AMC (AMC) news. AMC Entertainment won court approval of its stock conversion plan. AMC shareholders cited dilution of shares among other concerns. The settlement includes extra shares for individual investors. Tune in to find out more about the stock market today.

Morning Trade Live

14 Aug 2023

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