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29 Mar
16:38

Advisory firms endorse Nippon Steel acquisition of USS

Two independent proxy advisory firms recommend that US Steel shareholders vote in favor of Nippon Steel Corporation's (NSC) acquisition offer at the Pittsburgh, Pennsylvania-based steelmaker's 12 April special meeting, Kallanish learns from a US Steel press release.   The advisory firms highlight shareholder advantages of agreeing to the transaction, including its meaningful value premium and nature of Nippon Steel’s all-cash offer. “The …
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