U.S. Steel and Nippon Steel allege in a lawsuit the administration blocked their $14.9 billion deal over political ...
June, was viewed by U.S. Steel and investors as an opportunity for the companies to complete the acquisition, even though ...
the president of the United Steelworkers union, for allegedly interfering with Nippon Steel’s plans to buy the American company. That lawsuit, filed in U.S. District Court for the Western ...
Cleveland-Cliffs Corporation marked the fifth anniversary of its acquisition of AK Steel with a news conference where CEO ...
The steel companies allege White House decision to block takeover was political and violated their right to due process.
In a joint statement, Nippon and U.S. Steel called Biden’s decision “a clear violation of due process and the law’’ and ...
Local steelworkers are holding out hope that the U.S. Steel sale with Nippon Steel goes through. This week Cleveland Cliffs ...
The lawsuit also accuses the United Steelworkers union president and a competing steelmaker of collaborating to derail the deal. President Joe Biden blocked the deal between Nippon and U.S.
My sole focus has been on protecting the jobs that exist today and, most importantly, having a clear path on investment so ...
the president of the United Steelworkers union, which represents many U.S. Steel employees. The complaint claims that Goncalves and McCall illegally interfered in the deal review and sought to ...
A second lawsuit targets the international president of the steelworkers union, David McCall, and a rival steelmaking company, Cleveland Cliffs, which had made its own offer for U.S. Steel ...
If Cleveland-Cliffs is able to acquire US Steel, its CEO says the headquarters of the new entity would be in Pittsburgh, not ...