International Steel Group
Wilbur Ross at first had support of the local Steelworkers Union, negotiating a deal with them to "save" Pennsylvania's steel industry.
Ross sold the Richfield, Ohio-based International Steel Group to Mittal Steel Company for $4.5 billion April 2005. As of 10 months later, Ross had not sold any of his Mittal shares.
Read more about this topic: Wilbur Ross
Famous quotes containing the words steel and/or group:
“I will be steel!
I will build a steel bridge over my need!
I will build a bomb shelter over my heart!
But my future is a secret.
It is as shy as a mole.”
—Anne Sexton (1928–1974)
“We often overestimate the influence of a peer group on our teenager. While the peer group is most influential in matters of taste and preference, we parents are most influential in more abiding matters of standards, beliefs, and values.”
—David Elkind (20th century)