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The United Steelworkers has taken its campaign against a Nippon acquisition of U.S. Steel to the White House, sharing concerns about national security and whether the new owner would enforce
U.S. Steel has agreed to be acquired by the Tokyo-based Nippon Steel, but will political pressure prevent this deal from going through?
Nippon Steel will pay $55 per share, about a 40% premium over U.S. Steel's closing price of $39.33 on Friday.
Up to 1,000 jobs are on the chopping block for U.S. Steel Corporation's Granite City Works mill in southern Illinois, the company announced this week.
Newsweek recently released a list of the 100 Most Loved Workplaces and seven of the businesses listed were from Pennsylvania.