US EditionUS Steel Fights to Save 142% Premium Merger as Activist Threatens $55/Share Deal
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Business TimesNippon, US Steel offer increased investment to Trump officials to close deal, Semafor reports
Nippon Steel and U.S. Steel are in active talks about a deal that would preserve their $14 billion merger and secure billions more in investments from the Japanese steelmaker into Rust Belt facilities, Semafor reported on Thursday. In recent meetings with White House officials, Nippon has offered to increase the $2.7 billion it had previously offered to upgrade U.S. Steel factories to as much as $7 billion, the report said, citing people familia…
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