U.S. Steel and Nippon Sue Biden Over Decision to Block Merger
U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis that the transaction posed a threat to national security.
US Steel and Nippon sue Biden administration, Steelworkers union and Cleveland-Cliffs over their blocked merger
US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US government Monday, claiming Biden’s executive order to bar the companies from combining was signed for “purely political reasons.
The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it ...
8don MSNOpinion
The clock is ticking on government approval for the U.S. Steel-Nippon Steel merger, and whether short-term political ...
President Biden’s announcement on Friday to block Nippon Steel’s acquisition of U.S. Steel is a political decision, not one ...
Nippon Steel and US Steel filed suit Monday over US President Joe Biden's decision to block the Japanese giant's proposed ...
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