Shares of United States Steel (X) jumped after is was announced Japan’s Nippon Steel was acquiring the company for $14.9 billion including debt, in an all-cash transaction. The stock rose over 25% in pre-market trading Monday morning. Yahoo Finance Anchors Brad Smith and Seana Smith break down the latest development and what it could mean for both companies moving forward.
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#ussteel #nippon #yahoofinance
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This is actually a positive because the Japanese companies actutally invest in the United States. Look at Toyota, that is the most “American made” car now.
@@user-ll2je4kc4f The USA is available if the price is right. It’s always about money. On our money, it says In God We Trust. Meaning money is our God
The best toyota vehicles start with the letter “J” in their serial number. That means built in Japan. I would not buy a toyota if it was not built in Japan. I had a friend who bought a lexus 4×4 built in Texas and he said it was the worst vehicle he ever had.
In Japan we trust. ❤
$5/share 2 years ago. they offer $55 -done deal
The downfall of America steel industry.
Been like that for decades
This is infuriating.
It’s a foreign investment. This infusion of $15B is a huge plus for USS. Ultimately, the executive members of USS and shareholders (most of whom are American) approved this.
No, it’s not, but an epic North Pacific Steel 🇯🇵🤝🇺🇸
@@valiant8730 hey glad you woke up from under your rock but, China hates us….. just thought I’d fill you in.
everything will be owned by China, the American dream is no more.
This is a Tragedy & should be BLOCKED! 🔞 REAGAN did enough damage in the 80’s
Interesting
Buy up all the land , the real estate and the businesses. Ain’t nothing new
Next,Nintendo will buy walt disney.
New company will be called Jap Steel.
japan is grossly overpaying, but you won’t get any complaints from we shareholders!
“Go Green” politicians made it impossible to make steel with coal in America. Now when outside countries by up those American companies, just for their technologies. Those same exact “go green” politicians run out to a camera to show outrage.
Just say no president Biden. U.s.a. major resource for America. Lov Japan but they have lots of different planning than u.s. a.. keep u. S. Steel American.
Not to say I don’t agree with more partnership with Japanese companies they are one of our top ally’s in the world. But what do we export and produce anymore as a country? Speculation?💁🏾♂️😂🤣😂🤣💁🏾♂️🤣💯✊🏾⚡️💯