Severstal in talks to buy U.S. Weirton Steel -paper
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Russian steel maker Severstal  is in negotiations to buy Weirton Steel Corp. of the United States from Mittal Steel  , Russian paper Kommersant reported on Friday, without naming its source.
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Members of the Bancroft family  that controls Dow Jones & Co Inc met in Boston on Monday  to consider a $5 billion offer by Rupert Murdoch&#39;s News Corp  (NWSa.N) for the publisher of The Wall Street Journal.
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The worldâs largest producer of iron ore, Companhia Vale do Rio Doce of Brazil, said it was in talks with a rival, Swiss-based Xstrata, about a merger.
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Stelco, Canadaâs last domestically owned steel maker, said it was in early talks that might lead to its sale.
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United States Steel Corp. is buying the Canadian steel maker Stelco Inc. for about $1.1 billion in a move expected to bolster its position as a supplier to the North American automotive industry.
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Chaparral Steel has accepted a $4.22 billion takeover offer from Gerdau Ameristeel in the latest consolidation move in the steel industry.
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Arcelor SA, the steelmaker fighting a hostile bid from rival Mittal Steel Co., said Friday it reached a deal that would give it a controlling stake in Russia&#039;s largest steelmaker Severstal and &#36;1.59 billion in cash in exchange for 32 percent of Arcelor.
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Freescale Semiconductor Inc. FSL.N   said on Monday that it was in talks regarding a possible   business transaction after the New York Times reported that a   consortium of investment firms was near acquiring the company   for more than $16 billion.
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Mittal Steel, currently the world&#039;s number one steel maker, is prepared to take a minority stake in European rival Arcelor which wants to merge with Russian giant Severstal, Mittal&#039;s European chief Roeland Baan said in a newspaper interview.
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Major Soviet steelmaker continues U.S. buying spree.
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The world&#039;s biggest  steelmaker Mittal  faced further pressure to raise its  23-billion-euro (&#36;29-billion) bid for rival Arcelor   after Russian suitor Severstal  improved its friendly  merger offer.
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Algoma Steel said it had failed to reach agreement on a takeover by Salzgitter of Germany and had scheduled preliminary discussions with other potential buyers. Algoma said in mid-February that it might be acquired by Salzgitter at a price lower than where the companyâs shares were trading at the time. Algoma negotiated with potential buyers in 2005 and renewed negotiations in February 2006 without reaching an agreement.
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Philadelphia Media Holdings Chief Executive Brian Tierney said on Thursday he is interested in bidding with partners for Wall Street Journal publisher Dow Jones & Co. Inc.
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TORONTO/ NEW YORK  - U.S. Steel Corp  agreed to acquire Stelco Inc  for $1.1 billion, bagging the last big Canadian-owned steelmaker and strengthening its position in flat-rolled steel products in North America.
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Wheeling-Pittsburgh Steel and Severstal North America have agreed to terms on a joint-venture effort to rebuild and operate a cokemaking operation at Follansbee, WV.
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Dow Jones & Co. , in talks for a  takeover by News Corp. (NWSa.N), met with supermarket magnate  Ron Burkle and Internet entrepreneur Brad Greenspan on Tuesday  in an effort to find an alternative offer, a source familiar  with the situation said.
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Microsoft Corp.  is in talks  to buy privately-held Tellme Networks, a maker of Web-based  voice technology, for about $800 million, the Wall Street  Journal reported in its online edition on Monday.