NEW YORK -- The head of American steelmaker Cleveland-Cliffs, the onetime candidate to acquire United States Steel, came out Tuesday leveling pointed criticisms against Nippon Steel's buyout of the target, describing the pending deal as a "fiasco" of epic proportions.
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U.S. Steel rival Cliffs slams Nippon Steel deal as historic 'fiasco'
Japanese buyer ignores objections from union workers, says Cliffs CEO
U.S. Steel operates the Great Lakes Works plant in Ecorse, Michigan. © Reuters
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