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US Steel workers see uncertainty
US Steel workers see uncertainty after Biden blocks Nippon takeover
In a joint statement, Nippon and U.S. Steel called Biden’s decision “a clear violation of due process and the law'' and suggested they would sue to salvage their deal: “We are left with no choice but to take all appropriate action to protect our legal rights.‘’
Biden wrong to block sale of U.S. Steel to Nippon Steel
President Joe Biden announced he was blocking the purchase of U.S. Steel by Japanese steelmaker Nippon Steel on dubious economic and national security grounds.
U.S. workers wary about blockage of Nippon Steel takeover
By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead.
RealClearMarkets
1d
The Dubious Behavior That Undermined the U.S. Steel-Nippon Steel Merger
President Biden’s announcement on Friday to block Nippon Steel’s acquisition of U.S. Steel is a political decision, not one ...
Reuters on MSN
2h
Exclusive-Rival CEO spread doubt about Nippon Steel deal prospects to Wall Street, documents allege
Even as Nippon Steel faced skepticism of its doomed $14.9 billion bid for U.S. Steel from the Biden administration, it was ...
1d
Will White House decision to block US Steel's sale to foreign-owned Nippon reopen door for Cleveland Cliffs?
President Biden Friday followed through on a promise to block the sale of US Steel to Japanese-owned Nippon Steel, citing ...
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