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Biden blocks Nippon Steel’s $15bn takeover of US Steel
U.S. Steel and Nippon File Lawsuits After Biden Blocks Merger
The lawsuits call President Biden’s decision to block the buyout of the American steel maker by Nippon Steel an ‘unlawful political influence.’
Nippon, US Steel file suit after Biden administration blocks $15 billion deal
The suit, filed Monday in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision and violated the companies’ due process.
U.S. Steel and Nippon Sue Biden Over Decision to Block Deal
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.
15m
on MSN
Nippon Steel, U.S. Steel Say They Are Suing U.S. Government
The move is in response to Biden administration’s decision to block the Japanese company’s $14.1 billion purchase.
1h
U.S. Steel, Nippon Steel file lawsuits to keep $14.9B deal alive
There are two separate lawsuits, including one against rival Cleveland-Cliffs and the president of United Steelworkers.
Crain's Cleveland Business
1h
Nippon Steel, U.S. Steel sue Cleveland-Cliffs and others in move to keep deal alive
They also filed a suit in the U.S. District Court for the Western District of Pennsylvania against rival U.S. steelmaker ...
2h
on MSN
Does Nippon Steel's bid to buy US Steel threaten national security? Experts weigh in
President Biden blocked Nippon Steel's acquisition of U.S. Steel citing national security concerns, a rationale which has ...
1d
on MSN
Why U.S. Steel’s (X) Shares Are Falling
We recently published a list of 10 Firms Buck Broader Market Optimism. In this article, we are going to take a look at where ...
1d
David Brooks on U.S. Steel: There's Been A Rising Tide Of Xenophobia And Nationalism In Our Economic Policy
New York Times columnist David Brooks and Washington Post associate editor Jonathan Capehart join Amna Nawaz to discuss the week in politics, including President Biden blocking the sale of U.S. Steel.
9h
on MSN
Nippon Steel might give another shot to buy U.S. steel after Trump comes in office: Analyst
Mio Kato, founder of LightStream Research says President Biden blocking Nippon Steel's acquisition of U.S. Steel might not be ...
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Joe Biden
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