ArcelorMittal Rises 11% In A Day On Acquisition News; More Gains To Follow

ArcelorMittal stock increased 10.5% in a day on September 28, 2020. This was after the announcement of Cleveland-Cliffs deciding to buy ArcelorMittal’s US operations in a $1.4 billion cash and stock deal, expected to close later this year. ArcelorMittal will receive over $500 million in cash…

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