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SEC Accuses Esmark Of Lying About US Steel Bid

By Jessica Corso ( September 6, 2024, 11:38 AM EDT) -- A failed bid to acquire U.S. Steel has landed Pittsburgh-based Esmark Inc. in hot water with the U.S. Securities and Exchange Commission, which announced Friday that it had fined the company and its founder for falsely claiming they had the money to buy the manufacturing giant....

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