Reported 11 months ago
Nippon Steel's Vice Chairman Takahiro Mori met with U.S. Steel employees and community leaders to discuss the proposed acquisition, receiving positive feedback. Mori's efforts, including visits to U.S. Steel plants in Indiana and Pennsylvania, aimed to address concerns from the United Steelworkers union regarding potential job losses. The steelmakers hope to garner public support to encourage union participation and have secured regulatory approvals outside the U.S. for the $14.9 billion merger.
Source: YAHOO