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Steel, Biden
U.S. Steel and Nippon Sue Biden Over Decision to Block Merger
U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis that the transaction posed a threat to national security.
Nippon Steel and U.S. Steel file lawsuits over handling of blocked deal
Separate lawsuits from Nippon Steel and U.S. Steel target President Joe Biden as well as a steelworkers union head and a rival steelmaker’s CEO.
U.S. Steel, Nippon Steel sue Biden administration for blocking deal
The steel companies allege White House decision to block takeover was political and violated their right to due process.
Biden Blocks Takeover Bid of U.S. Steel by Japan’s Nippon
The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year.
Nippon Steel, U.S. Steel sue over Biden decision to block sale
U.S. Steel and Nippon Steel said on Monday that it is suing over President Joe Biden's decision to block its sales agreement and a domestic competitor and union over their actions to scuttle the deal.
U.S. Steel, Nippon Steel Challenge Biden’s Move to Kill $14.1 Billion Deal
The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction.
Analysis-China exports push Nippon Steel to seek growth in US, India after blocked deal
Nippon Steel is poised to expand its operations in the U.S. and India as it hunts for growth and protection from cheap Chinese exports after its bid for U.S. Steel was blocked by the White House, analysts say.
China Slams U.S. for Blocking Nippon Steel’s Acquisition, Calls It Protectionism
China's state media criticized the US for blocking Japan's steel acquisition, labeling it as protectionism and a political maneuver.
4h
on MSN
Japanese steelmaker vows not to give up on buying U.S. Steel
Nippon Steel said it would not be deterred by President Joe Biden’s decision last week to block its $15 billion bid for the ...
32m
on MSN
US rejection of Nippon Steel's bid for US Steel rankles Washington's key ally in Asia
President Joe Biden's decision to reject a bid by Nippon Steel to acquire U.S. Steel isn't the first time friction over trade ...
15h
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 ...
1d
Biden's decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers
By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden says he is protecting good jobs in the American ...
1d
on MSN
Nippon Steel and U.S. Steel file suit after Biden administration blocks $15-billion deal
Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed ...
1d
on MSN
U.S. Steel and Nippon Steel file multiple lawsuits after Biden blocks planned merger
A first lawsuit was filed in the U.S. Court of Appeals for the District of Columbia Circuit, “challenging violation of the ...
Opinion
19h
Opinion
Biden’s U.S. Steel move blots his far-from-stainless trade record
By blocking the U.S. Steel deal, Joe Biden showed he’s a Donald Trump mini-me on protectionism.
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Biden
Nippon
President of the United States
Japan
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