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US government will have veto power over US Steel decisions as part of takeover deal, senator says
Sen. David McCormick (R-Pa.) said Tuesday the U.S. government will have a golden share in Nippon Steel’s acquisition of US Steel, giving it power over some of the decision-making. “It’s a
Garage meets and sleepless flights: How Nippon Steel's negotiator stuck at US merger
For Japan's top steelmaker, U.S. Steel is central to its global expansion strategy at a time when domestic demand is declining.
U.S. Steel to Form ‘Partnership’ With Nippon Steel
President Trump endorsed a plan that would link the U.S. and Japanese steel makers that had been blocked on national security grounds.
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With Nippon deal on the table, Mon Valley finds itself in the middle of U.S. Steel sale saga
What remains of U.S. Steel's footprint locally is centered in the Mon Valley. With the sale to Nippon on the table, many local leaders are pondering what the future looks like either with or without U.
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