Posted 8/25/2023, 1:44:12 PM

U.S Steel is for sale, and the union may veto certain buyers

The sale of U.S. Steel could have significant implications for organized labor and the domestic steel economy, as the union representing U.S. Steel employees has the power to veto any transaction they don't approve of.

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Relevant topic timeline:

8/29/2023

U.S. Steel Entering Confidential Pacts as It Reviews Bids

U.S. Steel is entering into confidential agreements as it evaluates bids.