United States Steel (X +0.1%) is urging its shareholders to reject an unsolicited mini-tender...

|About: United States Steel Corpora... (X)|By:, SA News Editor

United States Steel (X +0.1%) is urging its shareholders to reject an unsolicited mini-tender offer from TRC Capital. TRC is attempting to acquire up to 3M shares of the company's stock at $24.50 per share. Other companies have faced mini-tender offers from TRC this year and recommended that their shareholders reject them, including: Adobe (ADBE -0.1%) and PPL (PPL +0.9%).