"This is the very climax of what I think will be a very important process for Wheeling-Pittsburgh Steel and our union," he said.
Wheeling-Pittsburgh Steel said it would take a $170 million one-time charge against fourth-quarter earnings to adjust for retiree health benefits.
In 1993, he sold an investment to Wheeling-Pittsburgh Steel for US$107 million.
WHX's principal asset is Wheeling-Pittsburgh Steel, the nation's eighth-largest integrated steel manufacturer.
From 1994 to 2001, Delaware North co-owned Wheeling Downs with Wheeling-Pittsburgh Steel.
Bethlehem and Wheeling-Pittsburgh Steel reported losses for the second quarter.
Federal bankruptcy court hearing for Wheeling-Pittsburgh Steel.
Becker was sworn in just hours after 4,700 members struck Wheeling-Pittsburgh Steel.
Mr. Cone worked for Wheeling-Pittsburgh Steel from 1974 until 1986.
A steelworkers' strike against Wheeling-Pittsburgh Steel attracted little notice and ended after 48 hours.