U.S. Steel shareholders approve takeover by Japan's Nippon Steel opposed by Biden administration
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U.S. Steel shareholders approve sale to Japan's Nippon Steel that is opposed by Biden administration
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 drawn opposition from the Biden administration on economic and national security grounds.
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U.S. Senators call for investigation into U.S. Steel’s sale to Japanese company
WEIRTON, W.Va. (WTRF) -- In December, the Pittsburgh-based steel company U.S. Steel agreed to sell the company to Japan’s largest steel manufacturer, Nippon Steel. Now, two U.S. Senators are calling on President Biden to look deeper into this sale and the effects it could have on the country. Just months after U.S. Steel agreed to []
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