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Nippon Steel Completes $14.1B US Steel Acquisition

Japan's Nippon sealsSteel Completes $14.1B US Steel dealAcquisition

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The Spin

The acquisition essentially hands over America's iconic steelmaker to foreign control despite cosmetic protections. The golden share provision creates dangerous precedent of political interference in corporate governance while the union remains opposed, questioning whether promised investments and job protections will materialize beyond political rhetoric and photo opportunities.


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