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Brews & Burgers: Harvey's To Go | SaltWire #harveys #burger #beer #foodblogger - U.S. Steel shareholders voted in favor of the proposed $14.9 billion acquisition by Japan's Nippon Steel, moving the merger closer to completion while the deal faces regulatory scrutiny and political opposition.
Nippon's proposal to buy U.S. Steel has been opposed by several U.S. lawmakers on national security grounds, with President Joe Biden expected to voice concerns over the buyout in the coming days.The deal, which is a culmination of multiple bids by a range of suitors for the 122-year-old company, has also drawn criticism from the powerful United Steelworkers union.
Here's a timeline of recent events leading up to the deal between Japan's largest steelmaker and the company whose steel was used to build iconic structures such as the United Nations building in New York City and the New Orleans Superdome.explore strategic alternatives afterAug. 13, 2023 U.S. Steel rejects a $7.3-billion offer fromAug. 14, 2023 The United Steelworkers union supportsAug. 14, 2023 Shares of U.S. Steel rise after privatelyAug.
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Nippon Steel pledges to move US HQ to US Steel's PittsburghNippon Steel would move its U.S. headquarters to Pittsburgh where its acquisition target U.S. Steel is based if the deal goes through, an executive said...
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Nippon Steel emphasises its 'deep roots' in the US as it pursues U.S. Steel dealNippon Steel intends to pursue its proposed acquisition of U.S. Steel and wants its 'deep roots' in the United States to be recognised, its new president...
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Nippon Steel emphasizes its ‘deep roots’ in the US as it pursues U.S. Steel dealThe Japanese firm has agreed to buy U.S. Steel for roughly $15 billion but the deal faces an uphill battle to approval in a U.S. election year
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Nippon Steel emphasises its 'deep roots' in the US as it pursues U.S. Steel dealExplore stories from Atlantic Canada.
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Nippon Steel’s New Chief Says Deal Will Only Strengthen US Steel(Bloomberg) -- Nippon Steel Corp.’s new chief has pledged to press on with the $14.1 billion acquisition of United States Steel Corp., a deal that he says is...
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Nippon Steel’s New Chief Says Deal Will Only Strengthen US SteelNippon Steel Corp.’s new chief has pledged to press on with the $14.1 billion acquisition of United States Steel Corp., a deal that he says is vital to making the American company more competitive.
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