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Trump Keeps Nippon Steel Guessing Over U.S. Steel Purchase
The year-and-a-half-long saga of Nippon Steel Corp.’s bid to buy U.S. Steel took another twist late last month when President Trump unexpectedly announced via social media post a “blockbuster agreement” to finally conclude the deal. But if we’re now in the final act of the drama, that was just Scene 1.
Administration officials secured a deal that will give the president unusual influence over a private company, and could ...
With the race for the White House a virtual dead heat, ferocious political and labor union opposition to the iconic company's sale ... U.S. Steel shareholders in April, by contrast, approved ...
(KDKA) — Employees of U.S. Steel rallied ... to block the sale of U.S. Steel to Nippon Steel on national security grounds. Those in attendance pleaded with Biden to approve Nippon ...
WASHINGTON/TOKYO — President Joe Biden officially blocked Nippon Steel ... approve the merger to avoid marring efforts to improve economic ties, Reuters exclusively reported. Japan is the top ...
Ancora unveiled a plan that would rally shareholders around a plan to oust U.S. Steel’s chief ... had vociferously opposed the sale, saying Nippon Steel’s ownership would be bad for ...
A shareholder vote by U.S. Steel shareholders in April, by contrast, approved the Nippon Steel deal by 98 percent as a promising business move, beneficial to both commercial and national ...
Standing before a sea of workers in orange jackets and hard hats, U.S. Steel executive Scott Buckiso argued for a $14.9 billion sale to Nippon Steel ... U.S. Steel and its shareholders ...
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