AK Steel has been entertaining sale talks with multiple parties, sources familiar with the situation told dealReporter. The company is interested in an all-cash transaction, and has informally been on the block for a couple of months, according to two sources with knowledge of discussions.
Why doesn't someone take a look at Allegheny Technologies (ATI 48.40)? It would have to be in a few weeks though. The insiders just bought a huge slug of stock!