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Steel, Joe Biden
U.S. Steel, Its Merger Blocked, Faces Stark Alternatives
The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks.
Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive
The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham national security review that deprived the companies of their right to a fair process.
Nippon Steel CEO doubles down on pledge to acquire U.S. Steel after suing Biden administration
Japan’s Nippon Steel emphasized that it is not giving up on its takeover of U.S. Steel, a day after suing the Joe Biden administration over blocking the proposed merger.
Business Wire
3d
Nippon Steel and U. S. Steel File Multiple Lawsuits in Response to Wrongful Interference with the Proposed Acquisition of U. S. Steel
Second lawsuit filed in U.S. District Court for the Western District of Pennsylvania against Cleveland-Cliffs, Cliffs’ CEO ...
3d
U.S. Steel and Nippon Steel sue Biden administration for blocking their $15 billion deal
The steel companies allege White House decision to block takeover was political and violated their right to due process.
2h
Biden's 'security' concern about TikTok and U.S. Steel is doubly specious
When, on Friday, the Supreme Court hears the Biden administration defend the law that bans TikTok, the justices should remember what the administration said the previous Friday: "National security" ...
11h
on MSN
U.S. Companies and Investors in Japan Are at Risk From U.S. Steel Backlash
American investment could become less welcome, undermining Japan’s progress on corporate reforms.
2d
on MSN
US rejection of Nippon Steel’s bid for US Steel rankles Washington’s key ally in Asia
BANGKOK (AP) — U.S. President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel on national security ...
2d
on MSN
U.S. Steel CEO calls for Trump to take fresh look at Nippon deal, slams Biden decision as corrupt
Trump opposes U.S. Steel's sale to Nippon, but CEO David Burritt believes he can convince the president-elect that the deal ...
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