opens new tab shareholders on Friday approved its proposed $14.9 billion acquisition by Japan's Nippon Steel (5401.T) , opens new tab, as expected, taking the merger one step closer to completion ...
United States Steel shareholders approved the sale of the storied company to Japan’s Nippon Steel, in the midst of union opposition and ongoing regulatory reviews that are raising doubts about ...
with President Joe Biden saying last month U.S. Steel must "remain an American steel company that is domestically owned and operated". During a visit to the U.S., Japanese Prime Minister Fumio ...
Investors of US Steel endorsed the Japanese steelmaker’s $55-a-share offer at a special shareholders’ vote Friday with more than 98% approval, the company said in a statement . The vote was ...
The successful bid Dec. 18 for $55 in cash was ahead of a cash-and-stock offer made by U.S. Steel rival Cleveland-Cliffs (NYSE: CLF), which had announced in August that it had made a previous ...
US Steel rival Cleveland Cliffs, the nation’s other major unionized steelmaker, tried to buy US Steel last summer, only to have its $32.53 a share cash-and-stock offer rejected by the company.
U.S. Steel shareholders on Friday approved its proposed $14.9 billion acquisition by Japan's Nippon Steel, taking the merger one step closer to completion even as political opposition to the deal ...
U.S. Steel Shareholders Give Greenlight to Nippon Steel's $14.9 Billion Takeover Bid (Reuters) - U.S. Steel shareholders voted in favor of the proposed $14.9 billion acquisition by Japan's Nippon ...
GRANITE CITY — U.S. Steel shareholders voted overwhelmingly in favor of the company’s proposed sale to Nippon Steel Corporation, according to preliminary tallies released Friday. While the ...
Shortly after Nippon Steel announced plans to purchase U.S. Steel, Sen. J.D. Vance (R–Ohio) vowed to "do everything in my power" to prevent the two private companies from finishing the deal.
The new Nippon Steel Corp. president said his company’s proposed takeover of U.S. Steel Corp. would be the most beneficial deal for its American workers, despite opposition from their union and ...