LTV' s Successor Bids $1.5 Billion for Bethlehem Steel Keywords: business conditions, government, engineering news-record, equipment & materials, ENR, management, labor, markets
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Publication Date: 07-JAN-03 Format: XML document
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Article Description| International Steel Group Inc., the successor to the former LTV Corp., has offered $1.5 billion to acquire the steelmaking assets of Bethlehem Steel Corp., which has been operating under Chapter 11 bankruptcy protection since October 2001. If the deal goes through, the combined company would be North America's largest steelmaker, Bethlehem and ISG said, ... |
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