US Steel shareholders approve Nippon buyout despite political opposition The Hill
News Source : The Hill
News Summary
- U
- S
- Steel shareholders approved a $14
- 9 billion acquisition by Japan’s Nippon Steel Friday
- The proposed deal has faced pushback from lawmakers in both parties, who argue the deal could threaten national security and the livelihoods of steel workers
- Republican senators called for the Committee on Foreign Investment in the United States to block the sale Friday
Skip to contentU.S. Steel shareholders approved a $14.9 billion acquisition by Japans Nippon Steel Friday, despite opposition from the Biden administration, steelworkers and congressional lawmaker [+2631 chars]
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