Nippon Steel's $14.1B Bid for US Steel Faces Union Criticism
Nippon Steel Corp. proposes a $14.1 billion acquisition of US Steel Corp., drawing criticism from the United Steelworkers union for lack of production commitment.
Nippon Steel Corp. has proposed acquiring US Steel Corp. for $14.1 billion, but the United Steelworkers union criticized the offer as lacking commitment to maintaining production.