Japan's Nippon Steel to acquire U.S. Steel for more than $14B
Japanese steelmaker Nippon Steel Corp. (NSC) will acquire U.S. Steel in an all-cash, $14.9-billion deal, the two companies announced on Monday morning.. The agreement values Pittsburgh-based U.S. Steel at $55 per share, or 40% higher than its closing stock price on Friday, Dec. 15.
