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The world seems fine with Japan’s largest steel company acquiring the grandfather of steel production in America. In December, Tokyo-based Nippon Steel made a $14.9 billion offer to merge with U.S. Steel. In April, U.S. Steel stockholders approved the proposal by an overwhelming 99% of shares represented. And yet a
United States Steel Corporation (U. S. Steel) and Nippon Steel have secured all regulatory clearances from jurisdictions outside of the US for their proposed merger.