The union said it is neutral on Icahn’s bid for USX.
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The United Steelworkers will not endorse or oppose Carl C. Icahn’s proposal to buy the oil and steelmaking giant USX Corp., according to USW President Lynn Williams. “We haven’t been either putting up balloons of celebration or weeping copious tears,” Williams said. “We’re not in the business of picking among corporate raiders, encouraging raiders or anything like that.”
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