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Steel, Joe Biden
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.
Biden blocked the Nippon Steel deal. Now they are suing
Despite the bleak outlook, Nippon Steel and US Steel had been pushing forward with the deal for months with concessions and incentives for workers.
Nippon Steel and U.S. Steel file lawsuits over handling of blocked deal
Separate lawsuits from Nippon Steel and U.S. Steel target President Joe Biden as well as a steelworkers union head and a rival steelmaker’s CEO.
NBC Los Angeles
7h
Nippon Steel CEO doubles down on pledge to acquire U.S. Steel after suing Biden administration
Japan’s Nippon Steel emphasized that it is not giving up on its takeover of U.S. Steel, a day after suing the Joe Biden ...
11h
on 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 ...
10h
on MSN
Rival CEO spread doubt about Nippon Steel deal prospects to Wall Street, documents allege
Even as Nippon Steel faced skepticism of its doomed $14.9 billion bid for U.S. Steel from the Biden administration, it was ...
FOX 32 Chicago on MSN
3d
Biden blocks $15B Nippon-U.S. Steel deal; Gary mayor warns of possible job losses
GARY, Ind. - Nippon Steel Corp. of Japan and U.S. Steel announced plans to pursue legal action after President Joe Biden ...
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