KENNETH RAPOZA: Why Nippon Steel Might Fail To Convince Washington To Greenlight U.S. Steel Acquisition
Japan’s Nippon Steel has inched closer to buying Pittsburgh-based U.S. Steel now that the U.S. company’s shareholders have approved of the Dec. 18 acquisition offer. Only Washington stands in the way. On April 1, Sen. Sherrod Brown (D-Ohio) became the first to send a letter to President Joe Biden about Nippon. He asked him to review a report by a business intelligence firm […]
