Opinion
Editorial: Pressure needs to stay on to get Nippon-U.S. Steel deal done
"There are more than 3,000 jobs at stake here at Mon Valley Works alone. Everyone involved should put politics aside and take the time to really think through what’s best for all."
US Steel CEO Confident Nippon Deal Will Succeed Despite Biden Opposition: 'We Live By A Code'
US Steel CEO confident in potential merger with Japan's Nippon Steel, despite Biden administration's opposition. Deal could close at $55/share.
U.S. Steel CEO discusses Nippon merger in Detroit. Here's what he said
Automakers support the deal because in their eyes it will increase supply and offer price competition for the steel they use to manufacture vehicles.
U.S. Steel CEO ‘extraordinarily confident' Nippon deal will close despite political scrutiny
U.S. Steel CEO David Burritt expressed confidence the proposed acquisition of the storied U.S. company by Japanese steelmaker Nippon Steel will go through despite political opposition.
U.S. Steel’s stock up 2% after offering strong guidance and confidence Nippon deal can close by year-end
United States Steel Corp.’s stock rose 2.2% early Thursday after the company updated third-quarter guidance and said it’s still confident it can win the necessary approvals for its planned takeover by Japan’s Nippon Steel,
US Steel CEO confident Nippon Steel deal will close 'on its merits'
U.S. Steel CEO David Burritt said on Tuesday he was confident Nippon Steel's $14.9 billion bid for his company would "close on its merits," despite political opposition and concerns raised in a national security review.
Union opposition to U.S. Steel sale reflects years of bad relations
U.S. Steel’s glory days, when its products shaped landmarks from the Chesapeake Bay Bridge to the New Orleans Superdome, lie in the past. The CEO says there is no money to modernize the outdated mills ...
How U.S. Steel’s long, painful decline turned into a political lightning rod
Unions, Japanese takeovers, and Pennsylvania have all conspired to make the proposed deal for U.S. Steel a hot election year ...
The Business Journals2d
U.S. Steel CEO David Burritt optimistic deal will be struck with Nippon Steel
The companies want to close the transaction by the end of the year. It was announced in December 2023. United States Steel Corp. CEO David Burritt on Thursday voiced optimism that the $14.9 ...
Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel
U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese ...
US Steel CEO David Burritt Blasted By United Steelworkers President After $15B Deal With Nippon Steel Comes Under Biden Administration Scrutiny: 'Get A Decent CEO'
As President Joe Biden prepares to block the deal between Nippon Steel Corp (OTC:NPSCY) and United States Steel (NYSE:X), the ...
Investopedia on MSN2d
Nippon Steel Reportedly Gets Extension To Provide Plans for US Steel Takeover
Company Chief Executive Officer (CEO) David Burritt said in an interview earlier this month that U.S. Steel needs the ...
Some US Steel appeal would survive busted deal
Insufficient heat can interrupt the welding process, but U.S. Steel’s problem has been too much of it. Fiery nationalistic ...
Mining2d
White House says review of Nippon Steel’s proposed purchase of US Steel ongoing
A source told Reuters this week that the US national security panel reviewing Nippon Steel's $14.9 billion bid.