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U.S. Steel, Japan
Union chief predicts US Steel's long-term decline if Japanese take over
US Steel (NYSE:X) -2.5% in Tuesday's trading as United Steelworkers union head David McCall said Tuesday he has not received assurances that Nippon Steel (OTCPK:NPSCY) (OTCPK:NISTF) is committed to ensuring the lasting success of the American firm in its proposed takeover.
Japanese takeover could spell long-term decline of U.S. Steel, union chief says
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Trump vows to block U.S. Steel's takeover by Japan's Nippon Steel
President-elect Donald Trump is pledging to block Japan's Nippon Steel from buying U.S. Steel, a $14.9 billion deal announced a year ago that is now under review for its potential impact on U.S. national security.
7h
Impasse deepens over U.S. Steel takeover as government review nears end
Face-to-face talks between Nippon Steel and the United Steelworkers union failed to close the gap over the Japanese company’s ...
6d
Trump Says He Will Block Acquisition of U.S. Steel by Japanese Firm
The announcement reiterated sentiments the president-elect expressed on the campaign trail, and further imperiled a deal that ...
Money Morning
6d
U.S. Steel's Deal May be Falling Apart, Here's What Investors Should Expect
With lacking growth and the deal off the table, investors should expect U.S. Steel to trade back to the mid-$20 range or ...
2h
GLJ ups U.S. Steel target on higher likelihood of takeover approval
GLJ Research analyst Gordon Johnson raised the firm’s price target on U.S. Steel (X) to $45.88 from $38.57 and keeps a Buy ...
1d
Nippon Steel tells U.S. Steel workers how it'll save Mon Valley Works
Nippon Steel Corp. provided more details Monday to union workers about its commitments following the potential acquisition of ...
Crain's Cleveland Business
23h
Nippon Steel makes final push to woo U.S. Steel workers
Nippon Steel Corp. clarified its spending plans at U.S. mills owned by United States Steel Corp. as part of last-ditch ...
5d
Northwest Indiana leaders reflect on possibility of Trump blocking U.S. Steel deal
A Japanese company’s acquisition of U.S. Steel must first be approved by the U.S. president, and leaders worry the incoming ...
23h
Nippon Steel rebuts USW in letter to U.S. Steel employees
Nippon Steel (NPSCY) shared a letter to U.S. Steel (X) employees, saying in part: “We had hoped that continued discussions with the USW ...
5d
Nippon Steel still confident it can close widely opposed U.S. Steel deal
Almost a year after Nippon Steel announced its takeover plan, hefty political hurdles remain. President-elect Donald Trump ...
Opinion
1d
on MSN
Opinion
Biden’s Moment of Truth on U.S. Steel
He can approve a Nippon Steel offer that is in the U.S. interest.
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