U.S. Steel is an historic American company, and it has agreed to an acquisition offer from an overseas buyer that will revitalize the company and the U.S. steel industry. The proposed combination with Nippon Steel will bring billions of dollars of new capital investment to U.S. Steel, providing resources to make the company stronger, more efficient, and more competitive global competitors. The new investment will help US Steel modernize, protect American jobs, and recharge Pittsburgh, PA, the Steel City.