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Biden blocks Nippon bid to buy US Steel

CNN on MSN · 53m

Biden killed US Steel deal even though some US officials rejected national security concerns

President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US officials did not believe there were sufficient national security grounds to kill the deal,

Newsweek on MSN · 4h

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.

New York Post on MSN · 6h

US Steel, Nippon sue Biden over move to block $14B deal: ‘Shameful and corrupt’

The lawsuit, filed in a federal court in Washington, accused Biden and senior administration officials of corrupting the deal’s review process, and harming American steel workers by blocking the

2hon MSN

Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled

Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and ...

Crain's Detroit9h

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 ...

8h

Nippon Steel, US Steel File Lawsuits in Move to Keep Deal Alive

Nippon Steel Corp. and United States Steel Corp. jointly filed lawsuits in a last-ditch effort to preserve the planned merger ...

3don MSN

Rise of US Steel paralleled the arrival of the United States on the world stage

President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan's Nippon Steel on Friday — something he had ...

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