US Steel is on the verge of being absorbed. Here’s what to know.

News Snapshot:

Construction vehicles are parked at the site of the construction of a new pig iron caster at U.S. Steel Gary Works on Thursday, May 26, 2022. (Kyle Telechan / Post-Tribune) With two bidders revealed in a matter of days and more in the wings, United States Steel Corp. — a symbol of American industrialization that for more than a century helped build everything from the United Nations building in New York City to the New Orleans Superdome — appears be on the cusp of being absorbed. Here’s what’s happened so far, and how the acquisition of U.S. Steel could reshape...