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US Steel, Biden
A new rival bid for US Steel is emerging as the US extends deadline on Nippon’s bid blocked by Biden
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, now that the Biden Administration pushed back the deadline it imposed for the Japanese steelmaker to abandon its plan to acquire the storied Pittsburgh company.
Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies say
The Biden administration delayed until June an order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel , the companies said on Saturday, giving them some time to revive the politically contentious deal.
Biden blocked US Steel and Nippon merger. The companies are now suing the US government
The lawsuit alleges that the Biden administration “ignored the rule of law” and rejected the merger to curry favor with the United Steelworkers union.
2d
on MSN
US Steel Stock Jumps as Cleveland-Cliffs and Nucor Reportedly Mull Joint Bid
KEY TAKEAWAYS U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a ...
9d
US Steel and Nippon sue Biden administration, Steelworkers union and Cleveland-Cliffs over their blocked merger
US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US ...
1d
Possible takeover bid for US Steel reported
United States Steel Corp. shares rose Monday after cable financial news channel CNBC reported that Cleveland-Cliffs Inc. and ...
7h
on MSN
U.S. Steel contributes $30K to support Bidwell Training Center program
Amid the ongoing saga of its proposed $14.9 billion acquisition by Japanese steelmaking giant Nippon Steel, and with big ...
2d
Cleveland-Cliffs and Nucor Consider Joint US Steel Bid
Cleveland-Cliffs Inc. is partnering with Nucor Corp. to weigh a potential joint bid for United States Steel Corp., according ...
12d
President Biden blocks sale of US Steel to Japanese company
In blocking the sale to Nippon Steel, Biden said U.S. Steel "will remain a proud American company – one that’s American-owned ...
1d
Analysts Offer Insights on Materials Companies: United States Steel (X) and Origin Materials (ORGN)
Analysts have been eager to weigh in on the Materials sector with new ratings on United States Steel (X – Research Report) and Origin ...
1d
on MSN
Cleveland-Cliffs CEO Speech Holds Some Gems for U.S. Steel Investors
After a takeover by Japan’s Nippon Steel was blocked, a new deal may be gaining traction. The politics of Joe Biden and ...
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