The U.S. Steel-Nippon Deal Becomes A Political Nerfball
Kamala Harris tells union members that she opposes the merger
Back in December, I was startled to read that Nippon Japan's Nippon Steel agreed to buy U.S. Steel for $14.9 billion in cash. It beat three rivals, Cleveland- Cliffs, ArcelorMittal and Nucor, in an auction for the 122-year-old company.
Coming before the Christmas holidays, the deal was big news in Pittsburgh but hardly anywhere else. In April, U.S. Steel…
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