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This news broke a few days ago and promptly received broad bipartisan backlash. It doesn’t seem clear if this buyout will be tolerated on national security grounds.
Haha free market goes brrrr
The controversy is giving me nippons.
How is this a thing? Can US companies go ahead and buy foreign outfits like this? Is this a good idea?
The question is, would another country let one of theirs sell to a US company
Both good questions.
It seems anti competitive, too. Won’t this merger give Nippon Steel too much price setting power?
Ouch. I’m kinda surprised the Pentagon is cool with this.