Davidson News

Davidson News

U.S. Steel Shareholders Approve Sale to Nippon Steel Amidst Opposition

U.S. Steel Shareholders Approve Sale to Nippon Steel Amidst Opposition

In a significant development, shareholders of U.S. Steel have overwhelmingly endorsed the company’s acquisition by Nippon Steel of Japan, signaling robust support for a merger valued at $14.1 billion in cash. At a special investor meeting held on Friday, more than 98% of the shares cast their votes in favor of the takeover, as announced … Read more