United States Steel Corporation shareholders have voted in favor of Nippon Steel Corp.’s planned acquisition of the company, U. S. Steel as has announced. 
According to U. S. Steel, there were 161.2 million shares voted in support of the acquisition, and 1.9 million shares were cast against it. There also were nearly 862,000 abstentions.  The voting shares represent about 73% of U. S. Steel’s issued and outstanding common stock, U. S. Steel said. 
 
“The overwhelming support from our stockholders is a clear endorsement that they recognize the compelling rationale for our transaction with NSC. This is an important milestone as we progress toward completing the transaction. We are one step closer to bringing together the best of our companies and moving forward together as the ‘Best Steelmaker with World-Leading Capabilities,’” said U. S. Steel president and chief executive officer David B. Burritt.