U.S. Steel sale to Nippon can move forward, arbitration board rules
PITTSBURGH (KDKA) — The sale of U.S. Steel to the Japanese company Nippon cleared another hurdle on Wednesday after the company said it met all the obligations under the United Steelworkers union's basic labor agreement.
Steelworkers lose arbitration case against US Steel in their bid to derail sale to Nippon
An arbitration board has ruled that U.S. Steel may proceed with its proposed acquisition by Nippon Steel, a deal that faces strong opposition from its workforce.
U.S. Steel : Board Of Arbitration Confirms Compliance With Labor Agreement For Nippon Steel Deal
As mandated by the BLA, Nippon Steel has recognized the USW as the bargaining representative for USW-represented employees at U.S. Steel, provided reasonable assurances of its willingness and financial capacity to honor commitments in the agreements with the USW, and assumed all applicable USW agreements for those employees.
U.S. Steel Says Arbitration Board Rules in Favor of Nippon Steel's $14.9 Billion Buyout
Nippon Steel had paid a hefty premium to clinch the deal for U.S. Steel on a bet that it could benefit from U.S. President Joe Biden's infrastructure spending bill.
U.S. Steel’s Board of Arbitration gives Nippon Steel go-ahead to close pending sale
The United Steelworkers and U.S. Steel’s Board of Arbitration ruled that the company has satisfied each of the conditions of the successorship clause of its Basic Labor Agreement with the union and that no further action under the agreement is required to proceed with the sale’s closing.
Arbitration board gives green light to US Steel-Nippon Steel merger over union's objections
Nippon Steel's bid to buy U.S. Steel was given the green light by an arbitration board tasked with reviewing the United Steelworkers union's complaints with the transaction.
US Steel says arbitration board rules in favour of Nippon Steel's $14.9 billion buyout
U.S. Steel said on Wednesday an arbitration board had ruled in favour of Nippon Steel's $14.9 billion buyout of the company, but that the United Steelworkers union (USW)disagreed with the decision. The board,
Board of Arbitration Rules in Favor of U. S. Steel, Affirming Transaction with Nippon Steel
United States Steel Corporation (NYSE: X) ("U. S. Steel" or the "Company") today announced the Board of Arbitration, which is jointly selected by U. S. Steel and the United Steelworkers ("USW") to decide disputes between them,
Arbitration Board Rules in Favor of US Steel, May Proceed With Proposed Sale to Nippon Steel
An arbitration board has ruled that U.S. Steel may proceed with its proposed acquisition by Nippon Steel, a deal that faces strong opposition from its workforce. The board, which was jointly chosen by U.
Steelworkers union loses arbitration case against US Steel in their bid to stop sale to Nippon
The union has previously stated that it doesn't believe Nippon fully understands its commitment to steelworkers.
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Arbitration panel sides with US Steel over USW
A board of arbitration has determined the steelmaker has met its obligations to the United Steelworkers (USW) union in ...
Nippon Steel advances in $15 billion deal to acquire U.S. Steel
Nippon Steel is one step closer to acquiring U.S. Steel.An arbitration board ruled in favor of the deal.The board ruled U.S.
American Airlines negotiates a contract extension with labor unions that it sued 5 years ago
American Airlines has agreed on a contract extension for ground workers including mechanics and baggage handlers ...
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US Steel says arbitration board rules in favour of Nippon Steel's US$14.9 billion buyout
US Steel said on Wednesday (Sep 25) that the board of arbitration has ruled in favour of Nippon Steel's US$14.9 billion ...