US Steel shareholders have overwhelmingly approved the firm's sale to Japan's Nippon Steel for a cash payment of $14.1 billion.
Tags: US Steel
US Steel CEO Says 'Golden Share' Doesn't Restrict Operations After Trump Approval
US Steel CEO says the company's golden share agreement after Trump approval does not limit operations, jobs, or future growth plans.
Trump Slams Potential Sale of US Steel to Japan's Firm Nippon
Trump opposes Nippon Steel's $14 billion bid for U.S. Steel, causing uncertainty over the deal's future amid national security concerns.
US Steel Shares Drop as Trump Announces Nippon Steel Investment Instead of Purchase
US Steel shares drop as Trump announces Nippon Steel will invest instead of purchasing the company.
Biden Faces Lawsuit From Nippon, US Steel After Blocking Their $15B Merger
Nippon Steel and US Steel are suing the Biden administration after the merger between the two companies was blocked over national security concerns, despite promises of U.S. investments.
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The United Steelworkers union stands against the acquisition, citing potential threats to American jobs.
After President Joe Biden voiced opposition to the $14.1 billion plan of Japan's Nippon Steel to acquire US Steel, the Japanese firm said it is committed to pursuing the buyout deal.
Japan's Nippon Steel has secured a deal to buy US Steel for $14.9 billion. Japan's Nippon Steel has secured a deal to buy US Steel for $14. 9 billion.
The U.S. Department of Commerce will terminate a 15-year-old deal sheltering Russian flat-rolled steel producers from high import duties, it said in a letter to Russian authorities.
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