Arbitration Board Affirms U.S. Steel's Sale to Nippon Steel
New York, Sept. 25 (Jiji Press)--United States Steel Corp. said Wednesday that a board of arbitration has judged that the company's sale to Nippon Steel Corp. of Japan can move forward.
The arbitration board, which was jointly chosen by U.S. Steel and the United Steelworkers to determine disputes between the two sides, rejected a claim by the union that the takeover violates the basic labor agreement between them.
(2024/09/26-10:01)
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