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On November 19th, it was reported that senior management of Nippon Steel will meet with local officials and workers of American Steel Company in Pennsylvania this week to gain on-site support for its acquisition plan after the election, which has been opposed by both parties in Washington. According to a person familiar with the trip, Hiroshi Moritaka, Vice Chairman of Nippon Steel Corporation, flew from Tokyo to Pittsburgh on Saturday and will personally present his reasons for approving the acquisition to regulatory authorities in the coming days. (Financial Times)
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