Corporate Events
Formation of U.S. Steel
Also Known As Creation of U.S. Steel
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The 1901 merger, organized by financier J.P. Morgan, of Carnegie Steel, Federal Steel and National Steel into U.S. Steel, briefly making it the world's first billion dollar corporation.
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Carnegie sold his steel company into this 1901 merger.
Carnegie Steel was merged into U.S. Steel by this 1901 transaction.
Morgan organized and financed the consolidation of Carnegie Steel with other firms into United States Steel.
The corporation this 1901 merger created.
Sources
1. Wikipedia, United States Steel
Wikipedialead section, infoboxQuote, lead section, infobox
J.P. Morgan organized the creation through the merger of Carnegie Steel Company, Federal Steel, and National Steel Company.
1. Wikipedia, United States Steel
WikipediaLead sectionQuote, Lead section
In 1901, J. P. Morgan created U.S. Steel by merging Carnegie Steel Company, Federal Steel, and National Steel for $492 million.
1. Wikipedia, United States Steel
WikipediaAssociated With: Carnegie Steel Company, History sectionQuote, Associated With: Carnegie Steel Company, History section
In 1901, J. P. Morgan created U.S. Steel by merging Carnegie Steel Company, Federal Steel, and National Steel for $492 million.
1. Wikipedia, United States Steel
WikipediaAssociated With: U.S. Steel, History sectionQuote, Associated With: U.S. Steel, History section
In 1901, J. P. Morgan created U.S. Steel by merging Carnegie Steel Company, Federal Steel, and National Steel for $492 million.
1. Wikipedia, United States Steel
WikipediaAssociated With: Andrew Carnegie, History sectionQuote, Associated With: Andrew Carnegie, History section
In 1901, J. P. Morgan created U.S. Steel by merging Carnegie Steel Company, Federal Steel, and National Steel for $492 million.
Wikipedia, Carnegie Steel Company
WikipediaSale to U.S. Steel sectionQuote, Sale to U.S. Steel section
The Carnegie Steel Company was sold in 1901 to U.S. Steel, a newly formed organization set up by J. P. Morgan. It sold at roughly $492 million, of which $226 million went to Carnegie himself.
Wikipedia, J.P. Morgan
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