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U.S. Steel, Joe Biden
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 drawn criticism from the companies and other observers.
US Steel, Nippon Sue Biden for Blocking $15 Billion Deal
President Biden blocked the deal between Nippon and U.S. Steel earlier this month due to "national security" concerns.
Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive
The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham national security review that deprived the companies of their right to a fair process.
1d
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.
2d
on MSN
Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
Nippon Steel and U.S. Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon's ...
Stars and Stripes
8d
Nippon Steel reportedly negotiating directly with White House in quest to purchase US Steel
Nippon Steel is now negotiating directly with the White House to save the imperiled takeover as President Joe Biden is due to ...
Crain's Detroit
2d
Steel companies file lawsuits in move to keep merger deal alive
Nippon Steel Corp. and United States Steel Corp. jointly filed lawsuits in a last-ditch effort to preserve the planned merger ...
Hosted on MSN
2d
White House Divided: Biden Rejects Steel Acquisition Despite Strong Advisory Support
President Biden blocked Nippon Steel's acquisition of U.S. Steel despite advisors' concerns about national security and legal ...
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