Friday, March 03, 2006

U. S. Steel May Acquire AK Steel

Shares of AK Steel Holding Corp. (AKS) surged $2.66 to close at $14.00 over a news report that United States Steel Corp. (X) made a cash and stock offer to purchase the company. U. S. Steel stock edged up 38 cents to close at $57.98.

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