US Steel takeover decision

Two US senators send letter to US Steel CEO over takeover plan by Nippon Steel

Two Senate Democrats have sent a letter to US Steel President and CEO David Burritt, expressing concern over reports he may receive a hefty payout once the company is acquired by Japan's Nippon Steel.

Hosted on MSN · 1d

US Steel CEO Pressed by Two Senators to Defend Nippon Steel Deal Payout

Two prominent Democratic senators are criticizing United States Steel Corp. Chief Executive Officer David Burritt over his potential $72 million “golden parachute” if the sale to a Japanese company goes through — while President Joe Biden’s decision on the takeover hangs in the air.

CBS Pittsburgh on MSN · 2d

Kamala Harris defends position of blocking Nippon's purchase of U.S. Steel

Amid warnings from U.S. Steel about significant consequences if its sale to Nippon Steel fails, Vice President Kamala Harris defended her position of blocking the sale to the Japanese company. In an interview with KDKA-TV on Tuesday,

Seeking Alpha on MSN · 1d

US Steel CEO criticized by Sen. Warren, Brown over pay package in Nippon Steel - report

CEO David Burritt was criticized by two well-known Democratic senators over his potential $72 million exit pay if the company's $14.1 billion sale to Nippon Steel (OTCPK:NPSCY) is completed. Sen. Elizabeth Warren (D-MA) and Sen.

15don MSN

Federal decision on Nippon-US Steel takeover to be pushed back

Japan’s largest steel maker, Nippon, is asking to refile its bid to acquire US Steel, a person familiar with the decision ...

Barron's17d

Decision On US Steel Takeover By Nippon Pushed Past Election

President Joe Biden's administration has extended a review of Nippon Steel's proposed takeover of US Steel, officials said Tuesday, effectively pushing the politically sensitive decision ...

The Financial Times16d

US delays decision on Nippon Steel’s $15bn takeover of US Steel

The decision means the deal’s fate ... Donald Trump opposing the Japanese group’s takeover as they court votes in Pennsylvania, where US Steel is headquartered. Biden had already privately ...

International Business Times16d

Decision on US Steel takeover by Nippon delayed until after election

The extension would also push the decision until ... Nippon Steel would have to resubmit its case to the Committee on Foreign Investment in the United States (CFIUS), which is led by Treasury ...

Transport Topics20d

Decision on US Steel Deal May Come After Election

United States Steel Corp. surged the most ... move to block Nippon Steel Corp.’s takeover bid. While Biden remains opposed to the deal, a decision on blocking it is unlikely in the short ...

The Boston Globe20d

White House officials signal delay in US Steel takeover decision

White House officials are signaling that President Biden will not imminently move to block Nippon Steel’s bid to acquire US Steel amid ... indicated that such a decision is unlikely in the ...

Decision On U.S. Steel Acquisition Delayed By 90 Days

Shares of United States Steel (NYSE:X) gapped higher on Wednesday morning after the Biden administration pushed its decision ...

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