Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.
U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a merger between the two companies. A proposed $14 billion acquisition of ...
U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with their merger, which President Biden blocked Friday over national ...
By Alan Rappeport Alan Rappeport covers the Treasury Department. U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted ...
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WASHINGTON (AP) — Nippon Steel and U.S. Steel filed a federal lawsuit challenging a Biden administration decision to block Nippon’s proposed $15 billion acquisition of the Pittsburgh company ...
Nippon Steel and U.S. Steel filed a federal lawsuit challenging the Biden administration's decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel.
U.S. Steel and Nippon Steel filed lawsuits on Monday over President Joe Biden's decision to stop the Japanese company's proposed nearly $15 billion takeover of its Pittsburgh-based rival.
For months, United States Steel argued that selling out to Japanese-owned Nippon Steel was the only way to survive. President Joe Biden thought different, concluding that even a takeover by a ...
IN CAMPAIGN TRIPS LIKE THIS ONE TO PITTSBURGH LAST APRIL, NIPPON AND U.S. STEEL SAY PRESIDENT BIDEN SPOKE OUT AGAINST THE MERGER LONG BEFORE A SECURITY REVIEW TOOK PLACE. THE LAWSUIT, FILED IN D.C ...
WASHINGTON: US President Joe Biden on Friday (Jan 3) followed through on his pledge to block Nippon Steel's US$14.9 billion bid for US Steel, citing concerns the deal could hurt national security.