
American Steel gets a new offering from Esmark. Why is its stock going down?
font size Privately owned, Pittsburgh-based Esmark has announced an all-cash offer for United States Steel. Sean Gallup / Getty Images fight for United States Steel It rages on and investors aren’t sure what to do. On Monday afternoon, Pittsburgh-based Esmark held a private event announce Cash offer of $35 per share for US Steel (ticker:…