首页|No more USX as of 1/1/02; Dorrance named COO of U.S. Steel
No more USX as of 1/1/02; Dorrance named COO of U.S. Steel
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NSTL
On July 31st, the USX board of directors approved a definitive plan of reorganization that will separate USX Corp. into U.S. Steel Corp. and Marathon Oil Corp. on Jan. 1, 2002. As of that day, USX will no longer exist.The plan must be approved by the Internal Revenue Service, which must rule that the reorganization can be done tax-free. It also must be approved by the USX shareholders, who will have a special meeting in Wilmington, Del., on Oct. 16th.
NSTL
