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U.S. Steel ceases trading on the NYSE as Japan's Nippon finalizes takeover

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Summary
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73% Informative

U.S. Steel shares stopped trading on the New York Stock Exchange on Wednesday after Japan 's Nippon Steel completed its acquisition of the iconic American industrial name.

President Donald Trump has insisted for weeks that the companies would form a "partnership" in which they would remain American owned.

But the company became a wholly owned subsidiary of the Japanese company.

The delisting will be effective on June 30 , NYSE said.

VR Score

80

Informative language

84

Neutral language

44

Article tone

formal

Language

English

Language complexity

57

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not offensive

Hate speech

not hateful

Attention-grabbing headline

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Known propaganda techniques

not detected

Time-value

short-lived

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