U.S. Steel (X) stakeholders voted to approve a $14.1B takeover bid by Nippon Steel (NPSCY), leaving the fate of the deal to U.S. regulators, Bloomberg’s Joe Deaux reports. Investors approved the Japanese company’s $55 per share offer at a special shareholders’ vote that was largely expected to win approval, the author notes. Shares of U.S. Steel are down about 3% in afternoon trading.
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