Nippon Steel Shareholders Laud Successful U.S. Steel Acquisition

Nippon Steel Shareholders Laud Successful U.S. Steel Acquisition

A sign directing attendees to Nippon Steel's shareholders meeting in Tokyo on Tuesday.
A sign directing attendees to Nippon Steel's shareholders meeting in Tokyo on Tuesday.

   Tokyo, June 24 (Jiji Press)--Nippon Steel Corp. shareholders on Tuesday praised the Japanese steelmaker's successful acquisition of United States Steel Corp. despite initial opposition from the U.S. government, but expressed concerns about the implications of a "golden share" given to Washington.
   All three company proposals including on personnel appointments were approved at Nippon Steel's shareholders meeting in Tokyo, despite a campaign by an investment fund urging shareholders to oppose the reappointment of President Tadashi Imai and Vice Chairman Takahiro Mori as directors.

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