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President Biden to block sale of US Steel to Nippon Steel
Biden blocks $15B Nippon-U.S. Steel deal; Gary mayor warns of possible job losses
Nippon Steel and U.S. Steel will sue after President Biden blocked their $15 billion merger, citing national security.Gary mayor's warning: Mayor Eddie Melton fears job losses and investment risks for Gary,
Biden Blocks Takeover Bid of U.S. Steel by Japan’s Nippon
The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year.
Biden rejects Nippon Steel’s proposed deal to acquire US Steel
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel.
7h
U.S. Steel, Nippon Steel say they're not done fighting for deal
United States Steel Corp. and Nippon Steel on Friday struck back at what they called President Biden's "unlawful decision" to ...
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CFIUS Review of Acquisitions and Investments
To protect national security, the Committee on Foreign Investment in the United States (CFIUS) may review transactions involving foreign investment in US businesses. Parties to potentially covered ...
Indiana Lawyer
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Gary’s Eddie Melton one of 20 mayors to sign letter of support for U.S. Steel acquisition
Earlier this month, the Japanese steelmaker said it would invest $1 billion in U.S. Steel’s Gary Works if the acquisition ...
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