Article: Steelworkers oppose Carl Icahn proposal. (concerning the planned spin off of USX Corp.'s steel division, United Steelworkers of America)

STEELWORKERS OPPOSE ICAHN PROPOSAL

PITTSBURGH, April 24 /PRNewswire/ -- The United Steelworkers of America (USW) today released a statement opposing a resolution by Carl Icahn that the steel division of USX Corp. (NYSE: X) be spun off into a separate company.

The non-binding resolution will be voted on by USX shareholders at the company's annual meeting May 7 in Findlay, Ohio.

The statement was approved April 18 by USW local union presidents representing 18,000 USW members employed by USX. The full text follows:

"At the May 7th Annual Meeting, the shareholders of USX Corporation ("USX") will vote on a non-binding proposal by ...

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