U.S. Steel ceases trading on the NYSE as Japan's Nippon finalizes takeover

[Hotler]

5. The history of US Steel, Wikipedia, for background reference.

Cleveland-Cliffs Inc. an American steel company was bidding also. Biden blocked the buyout to Nippon as a risk to security. Mike Pompeo was Nippon's lobbyist.

(snip) On December 23, 2024 the CFIUS concluded its review of the proposed Nippon Steel buyout without reaching a consensus on national security risks. The proposed Nippon buyout would then be officially blocked by President Biden on January 3, 2025. On January 6, Nippon Steel and U.S. Steel sued the Biden administration over the block.
The companies also filed a RICO complaint against Cleveland-Cliffs, its CEO, and the head of the United Steelworkers, the primary union representing US Steel employees.[

(My wild speculation.)
If the orange one is involved, Pompeo is involved, there's a crime in here somewhere. Nippon paid $55/a share, Cleveland-Cliffs offered $35/a share. They fought hard for this, there has to be boat loads of money being made. And none of it will go towards workers, maintenance or safety. I bet the first thing they will do is go after and break the union and steal the pension fund with help from the orange convict. The orange one was given Golden Shares and the right to call the shots. His first shot will be at labor.
Then they'll start selling everything off.

https://en.wikipedia.org/wiki/U.S._Steel
"U.S. Steel-Nippon deal includes "golden share" giving Trump power to approve big corporate changes"
https://www.cbsnews.com/news/us-steel-golden-share-trump-approval-relocation-jobs-nippon/