US Steel falls as Cliffs CEO hints that US Steel deal may not be best outcome
US Steel (NYSE:X) dropped 1.7% at least party as Cleveland-Cliffs (CLF) CEO Lourenco Goncalves appeared to be less interested in a US Steel (NYSE:X) deal after saying for months that he would be around if the Nippon Steel (OTCPK:NPSCY) deal fell apart.
Cleveland-Cliffs CEO Predicted Biden's Block $14.9B Nippon Steel-US Steel Deal Months Before Action
Cleveland-Cliffs Inc. CEO Lourenco Goncalves repeatedly predicted President Joe Biden would block Nippon Steel Corp.'s proposed $14.9 billion acquisition of United States Steel Corp. months before it happened,
Cleveland-Cliffs calls U.S. Steel and Nippon Steel lawsuits ‘desperate’
Cleveland-Cliffs (CLF) provided a statement regarding the recent developments related to the United States Government decision to prohibit the
Nippon Steel and U.S. Steel sue Biden administration over 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.
Cleveland-Cliffs CEO responds to U.S. Steel lawsuit, says failed acquisition was ‘self-inflicted disaster’
Cleveland-Cliffs CEO Lourenco Goncalves's comments come after President Biden rejected the merger between U.S. Steel and Nippon Steel.
U.S. Steel sues Biden and rival Cleveland-Cliffs over blocked merger
Nippon Steel and U.S. Steel this morning sued the Biden administration for blocking their proposed tie-up, as expected. Driving the news: They also filed a RICO complaint against rival Cleveland-Cliffs,
Cleveland-Cliffs CEO calls Nippon/US Steel lawsuit 'completely baseless'
Cleveland-Cliffs CEO Lourenco Goncalves defended his company's support for blocking Nippon Steel’s proposed acquisition of U.S. Steel.
Cleveland-Cliffs says it's being scapegoated after lawsuit alleges 'merge-or-murder campaign' against U.S. Steel
Cleveland-Cliffs says it's being scapegoated for the president's decision to block Nippon Steel's $14.9 billion acquisition of U.S. Steel after a lawsuit alleges it's waging an ongoing campaign to try to buy the Pittsburgh-based steelmaker "under distressed circumstances,
Nippon Steel and US Steel rival denies bombshell lawsuit claims: 'We are armored through the teeth'
The CEO of Cleveland-Cliffs – a Nippon and U.S. Steel competitor – argues suing his company and the Biden administration is ...
Trump might still have sway in U.S. Steel-Nippon deal
President-elect Donald Trump’s comments Tuesday, touting a United Arab Emirates company’s planned $20 billion investment in U ...
Nippon Steel’s doomed $15B deal with Biden administration had unlikely opposition – a rival CEO: bombshell docs
Cliffs, which made a failed $7 billion bid for US Steel in August 2023, participated in at least nine calls assuring ...
With U.S. Steel Decision, Biden Turned His Back on Opposing Monopolies
Blocking Nippon Steel from acquiring U.S. Steel lays the groundwork for a major consolidation of American steelmaking that ...
Mitch McConnell blasts Biden decision to block U.S. Steel-Nippon deal
By blocking the sale of U.S. Steel to Nippon Steel, President Joe Biden sold out American industry, workers and national ...
Cleveland-Cliffs still interested in buying all, parts of US Steel - Semafor
Cleveland-Cliffs (CLF) still wants to purchase all or parts of US Steel (NYSE:X) after President Joe Biden blocked its $14 ...
US Steel spat strengthens case for deal guardrails
A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...
Japanese steelmaker vows not to give up on buying U.S. Steel
Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S.
Nippon Steel Stands Firm on a US Steel Takeover and Denies Risks Cited by Biden
Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion ...