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
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