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Nippon, US steel sue to save merger
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 government Monday, claiming Biden’s executive order to bar the companies from combining was signed for “purely political reasons.
U.S. Steel sues Biden admin, union boss after president blocks acquisition deal
U.S. Steel and the Japanese firm that had sought to acquire it are suing the Biden administration after the president announced he was blocking a proposed deal for the iconic American manufacturer.
US Steel, Nippon Steel sue Biden admin over blocked acquisition
Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion deal for the Japanese company to buy the American steelmaker.
3d
on MSN
US Steel CEO rips Biden’s ‘shameful’ move blocking sale
U.S. Steel’s president and CEO declared President Biden’s decision to block the company from being acquired by the Japanese ...
WVTM 13 Birmingham on MSN
3d
How the blocked US Steel sale could affect Alabamians
President Joe Biden blocked the $14.9 billion sale of U.S. Steel to Japanese-based Nippon Steel, citing concerns over ...
3d
on MSN
President Biden rejects Nippon Steel's proposed deal to acquire US Steel
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based ...
7d
To make America great, Trump can enable the Nippon Steel acquisition
One thing that should be simple is reversing President Joe Biden’s absurd policy on the proposed acquisition of U.S. Steel by ...
6d
on MSN
Japanese buyer sends Biden new U.S. Steel proposal in final bid for support
Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction ...
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