U.S. Steel, Donald Trump
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By Alexandra Alper (Reuters) -U.S President Donald Trump approved Nippon Steel's $14.9 billion bid for U.S. Steel on Friday, capping a tumultuous 18-month effort by the companies that survived union opposition and two national security reviews.
(Reuters) -Shares of U.S. Steel dipped in premarket trading after a Nippon Steel executive told the Japanese Nikkei newspaper that its planned acquisition of the company required "a degree of management freedom" to go ahead, after President Donald Trump said he would exercise "total control" over the U.S. steelmaker.