US Steel’s shares said it all about its takeover by Japan’s Nippon Steel: the $15bn deal never truly stood a chance. At no point since the transaction was announced in December has the stock got near the $55-a-share offer price. Wednesday’s news that President Joe Biden will block the deal dashed any lingering hopes that money might beat politics. Not in a swing state in an election year.
美國鋼鐵(US Steel)的股價說明了其被日本制鐵(Nippon Steel)收購的一切：這筆價值150億美元的交易從來就沒有真正的機會。自12月宣布交易以來，其股價從未接近每股55美元的收購價。周三，美國總統喬?拜登(Joe Biden)將阻止該交易的消息使金錢戰勝政治的希望破滅。這類收購不可能在大選年的搖擺州發生。
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