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United States Steel (NYSE: X) announced an agreement to be acquired late last year. Nippon Steel's $14.9 billion offer represented a nearly 40% premium to U.S. Steel's share price at the time. U.S ...
U.S. Steel's stock plunged as much as 25% amid a report that President Biden will seek to formally block its $14.1 billion deal with Japan's Nippon Steel.
US Steel has agreed to be bought by Nippon Steel, Japan’s largest steelmaker, in a $14.1 billion deal. The deal marks the latest step in a gradual decline for the iconic 122-year old company ...
US Steel's stock jumped as much as 28% after the announcement. ... Click here for in-depth analysis of the latest stock market news and events moving stock prices.
U.S. Steel, formed by J. P. Morgan's merger of Carnegie Steel with other steel producers, was once the largest company in the United States. [21] The Pittsburgh-based steelmaker had held the record for the largest initial public offering of any company in history—becoming the first billion-dollar company—and was added to the Dow Jones Industrial Average on its first day of public trading ...
U.S. Steel, the Pittsburgh steel producer that played a key role in the nation's industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion.
A few hours after the American stock markets closed on Monday night, President-elect Donald Trump announced that he was "totally against" the sale of U.S. Steel to a Japan-based competitor. "As ...
US Steel also received a bid from privately-held Esmark worth $7.8 billion with European giant ArcelorMittal is also reportedly interested in the company, a deal which would mark a re-entry to the ...
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