The US Steel shareholders approved the takeover by Japan's Nippon Steel
US Steel shareholders approve takeover by Japan's Nippon Steel. Yahoo Finance's Jared Blikre and Josh Lipton provide insights into factors causing downward pressure on the stock in light of the news. US Steel (X) shareholders have greenlighted the company's acquisition by Japanese steel giant. Click here to watch this full episode of Market Domination.
U.S. Steel shareholders overwhelmingly approve takeover by Japan's Nippon Steel. Biden administration has opposed sale of US Steel to national security concerns. US Steel will be sold to Japan's firm for $14.1 billion in cash, with $1.2 billion in interest.
U.S. Steel shareholders overwhelmingly approve takeover by Japan's Nippon Steel. Biden administration has opposed takeover on economic and national security grounds. US Steel sale has drawn opposition from Biden administration on economic, national security reasons. US steel will be sold to Japan's firm for $14.1 billion in cash.
United States Steel Corp. shareholders voted in favor of a $14.1 billion takeover offer by Nippon Steel. The fate of the deal for the iconic American steelmaker is now in the realm of US regulators and politics. The Japanese company is seeking to take over the iconic U.S. steelmaker.
U.S. Steel stockholders approve proposed sale to Japanese company. Stockholders voted to approve merger with a Japanese company. Steel's stockholders vote to approve a merger with the Japanese company, which owns the majority of the American steel industry.
Japan's Nippon Steel cleared one hurdle in acquiring U.S. Steel with a key vote on Friday. Lawmakers raise red flags about foreign ownership of American company. U.N. Steel shareholders vote on controversial deal with Japan's steel giant Nippan Steel.
DOJ opens probe into Nippon Steel's U.S. Steel deal. Deal has faced scrutiny over national security concerns. President Joe Biden said U.s. Steel must "remain an American steel company that is domestically owned and operated" Japanese Prime Minister Fumio Kishida said he hoped the deal would proceed in a positive direction.
Nippon Steel Corp.’s new chief pledges to press on with the $14.1 billion acquisition of United States Steel. He says the deal is vital to making the American company more competitive. The Japanese company's new chief says deal will only strengthen US Steel.
Nippon Steel says US Steel acquisition wouldn't cause layoffs, plant closures. Biden administration, unions oppose planned acquisition of U.S. Steel for nearly $15 billion. Japanese steel giant says it won't cause plant closures or layoffs. Nippo Steel says it will buy US Steel from the Biden administration and unions.