Biden Blocks Takeover Bid of U.S. Steel by Japan’s Nippon
The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year.
Companies signal court fight ahead after Biden blocks U.S. Steel sale
The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in doubt.
President Biden blocks Japanese takeover of U.S. Steel. What does it mean for Gary, Indiana steel mill?
Gary Mayor Eddie Melton supported the merger, saying Nippon Steel had committed $300 million to upgrade the Gary Works steel mill.
Biden blocks $14 billion acquisition of US Steel by Japan’s Nippon Steel
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel.
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 corporation Nippon Steel “shameful” and “corrupt” in a Friday afternoon statement.
Biden blocks Japan's $14 billion takeover of US Steel on national security grounds
Joe Biden said the deal would create "risk for our national security and our critical supply chains." President-elect Trump also opposed the takeover.
US Steel Stock Sinks as Biden Blocks Nippon Steel Takeover
Shares of U.S. Steel sank Friday as President Joe Biden blocked the $14.1 billion sale of the iconic American company to Japan's Nippon Steel.
Biden blocks Japanese takeover of U.S. Steel
President Biden is blocking the proposed $14 billion acquisition of U.S. Steel by Nippon Steel. Fox - 10 Phoenix Fox - 10 Phoenix
Biden blocks US Steel sale to Japanese competitor
President Joe Biden formally blocked a proposed $14.9 billion takeover of U.S. Steel by a Japanese company, the White House announced Friday. “It is my solemn responsibility as President to ensure that,
U.S. Steel faces murky future after proposed Nippon Steel takeover
The Biden administration blocked the purchase of U.S. Steel by Japan's Nippon Steel. Here's what that could mean for the once ...
The Fallout From the End of the U.S. Steel Deal
Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it.
Iron Range union applauds Biden’s blocking of U.S. Steel acquisition: ‘We are going to be fine’
President Joe Biden, citing national security concerns, on Friday blocked Nippon’s acquisition of U.S. Steel, an important ...
‘An uncertain future’: Northwest Indiana, steel industry react as Biden blocks U.S. Steel deal
More than one year after a potential purchase of U.S. Steel was announced, President Joe Biden has officially blocked the ...
Biden to announce decision on U.S. Steel acquisition as early as Friday
President Biden is likely to announce a decision as soon as Friday on whether he will approve Nippon Steel's $14.9 billion ...
Japan's Nippon Steel offers governmental veto power for U.S. Steel production
Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...
New Orleans Mayor Says Steel Bollards Weren’t Up
Steel bollards, or barriers meant to prevent vehicles from driving into busy streets, weren’t up at the time of the attack, ...