Nippon Steel, U.S. Steel sue Cleveland-Cliffs and others in move to keep deal alive
They also filed a lawsuit in federal court in Pittsburgh against rival steelmaker Cleveland-Cliffs Inc. and CEO Lourenco Goncalves, as well as United Steelworkers President David McCall, alleging coordinated anticompetitive and racketeering activities designed to allow only Cliffs to acquire U.S. Steel.
President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel on Friday — something he had ...
The Committee on Foreign Investment in the United States is reportedly split on whether Nippon Steel's $14.9 billion ...
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 ...
The Associated Press on MSN13d
Biden will decide on U.S. Steel-Nippon Steel deal after panel fails to reach consensus on national security riskA government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed ...
A dramatic improvement in the prospects for United States Steel (NYSE: X) being sold to a foreign buyer led to a rally in the ...
The transaction has been under review by the Committee on Foreign Investment in the United States (CFIUS), the Treasury-chaired body mandated to screen foreign direct investments into the ...
Why was the Committee on Foreign Investment in the United States split on allowing or blocking Nippon Steel from buying U.S. Steel? NPR's Michel Martin asks one of the committee's former advisers.
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