Nippon Steel has acquired U.S. Steel for $14.1 billion, securing a major role in U.S. steelmaking. The deal, which ended a lengthy sales process, awaits approvals and will retain U.S. Steel's name. The acquisition has sparked varied opinions, with some highlighting its positive impact on America and dismissing concerns about economic or national security threats.
The acquisition of U.S. Steel poses no threat to America’s economic or national security. https://t.co/39gagdwPUl
"Xenophobia Drives Foes of Nippon Steel's Deal: The acquisition of U.S. Steel poses no threat to America's economic or national security." Interesting from a Trump cabinet member. https://t.co/vPPcF6NHyG
"US Steel’s enormous size made it unwieldy & difficult to manage … information [had] to filter up through the many layers of management … fundamental conservative culture … lack of top management talent … caused US Steel to steadily lose market share" https://t.co/RerWvh9tbb
The Nippon Steel Deal Is Good for America by Matthew J. Slaughter https://t.co/sYLejOBUwA via @WSJopinion
"United States Steel stock surged 26% on Dec. 18 when the company agreed to be acquired by Japan’s Nippon Steel. U.S. Steel President and CEO David B. Burritt sold a large block of shares of the steel maker on that day." https://t.co/3fCRcOSKHq
"Inward foreign direct investment by companies like Nippon Steel boosts America’s economic competitiveness." https://t.co/JeovFGnGZp https://t.co/m6XMgfHbTj
Why are Steel companies in the US a bid? You don't have the "privilege" in constructing new mills anymore. Environmental / regulatory alone kills any new mill ever being built. Hence you have few standouts -all will trade at premiums. US Steel was a NO brainer, for me anyways. https://t.co/nmGptrGDYp
🗞️ Nippon Steel acquires @U_S_Steel for $14.1 billion, securing a major role in U.S. steelmaking. The deal, ending a lengthy sales process, awaits approvals and retains U.S. Steel's name. https://t.co/mLZ4thQOnp https://t.co/EMDyVDwQW9
U.S. Steel Is No Longer a Force. The Nippon Steel Purchase Puts It Back in the Spotlight. https://t.co/mD9dMMR7b9
Japan’s Nippon Steel should be applauded for betting big on America, the Editorial Board writes. What’s not in the national interest is mindless resistance to foreign investment. https://t.co/XkMN5LKxXk
US Steel agreed to be bought by Japanese firm Nippon Steel in a $14.1 billion deal this week. It's not the only brand with a strong American legacy to get scooped up by an international company. ✍️ via @CNNBusiness: https://t.co/wSYAdPlYGZ https://t.co/ad88l4e1Qa