Thetakeover ofUnited States Steel by Japan’s Nippon Steel is in limbo following opposition from both Republicans and Democrats. Its stock is still a buy. U.S. Steel’s history stretches back to ...
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 ...
U.S. Steel shareholders approved the sale and are expected to receive $55 in cash for each company share they own, the Wall Street Journal reported, noting the approval of the deal was widely ...
U.S. Steel's shares closed down 2.1% at $41.33 on Friday, well below Nippon Steel's offer of $55 a share, reflecting uncertainty over whether the deal will secure regulatory approval.
PITTSBURGH (KDKA) -- U.S. Steel's stockholders voted to approve a merger with a Japanese company. After a special meeting on Friday, the company announced that its stockholders "overwhelmingly ...
TOKYO — Nippon Steel intends to pursue its proposed acquisition of U.S. Steel and wants its “deep roots” in the United States to be recognized, its new president said – remarks that come ...
Nippon Steel said in a statement after the vote it believed the acquisition would be good for U.S. Steel and the country. "We thank U.S. Steel's stockholders for their thoughtful engagement and ...
U.S. Steel shareholders approved a $14.9 billion acquisition by Japan’s Nippon Steel Friday, despite opposition from the Biden administration, steelworkers and congressional lawmakers.
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 ...
In December, Nippon agreed to buy U.S. Steel for roughly $15 billion but the deal faces an uphill battle to approval amid bipartisan opposition in a U.S. election year. The United Steelworkers ...
PITTSBURGH -- U.S. Steel shareholders have overwhelmingly approved the company's sale to Nippon Steel of Japan for $14.1 billion in cash, voicing unequivocal support for a combination that has ...