Cliffs, US Discussed a Clear Path Past Antitrust on US Steel
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Cleveland-Cliffs Inc. Chief Executive Officer Lourenco Goncalves said he talked to the US government about ways to avoid antitrust issues when preparing a bid to buy United States Steel Corp.
“I discussed with the US government prior to making the offer, to make sure that I had a path to clear antitrust,” Goncalves said Monday in an interview on Bloomberg Television. “US Steel decided not to listen and go with Nippon Steel.”