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Pennsylvania Governor Opposes Nippon Steel's Acquisition of US Steel

Josh Shapiro, potential VP candidate, cites union concerns and impact on local manufacturing as key reasons for opposition.

  • Shapiro aligns with both Democratic and Republican leaders in opposing the $14.9 billion deal.
  • The United Steelworkers union has expressed significant dissatisfaction with the merger.
  • Nippon Steel has pledged to preserve US Steel's operations and workforce in Pennsylvania.
  • US Steel shareholders overwhelmingly approved the acquisition in April.
  • The merger faces regulatory scrutiny, including an antitrust probe and national security review.
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