U.S. Steel, Nippon Steel Challenge Biden’s Move to Kill $14.1 Billion Deal
The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction.
US Steel and Nippon Steel sue Biden over move to block merger
The companies accused President Joe Biden of blocking the deal for political reasons rather than true national security concerns.
U.S. Steel and Nippon Sue Biden Over Decision to Block Merger
U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis that the transaction posed a threat to national security.
U.S. Steel And Nippon Sue Biden Administration For Blocking Merger
U.S. Steel and Japan’s Nippon Steel have filed a federal lawsuit challenging President Joe Biden’s decision last week to block a $14.9 billion merger between the two, the companies announced on Monday,
Nippon Steel may sue US government over Biden’s decision to block US Steel acquisition
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.
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 of the companies, which was blocked last week by President Joe Biden.
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
Nippon and U.S. Steel filed a lawsuit after the Biden administration blocked a $15 billion deal
The suit, filed Monday in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision and violated the companies' due process.
Nippon Steel, U.S. Steel sue over Biden decision to block sale
U.S. Steel and Nippon Steel said on Monday that it is suing over President Joe Biden's decision to block its sales agreement and a domestic competitor and union over their actions to scuttle the deal.
US Steel and Nippon sue Biden administration over decision to block their merger
US Steel and Nippon, whose multibillion-dollar merger was blocked by President Joe Biden last week, filed a lawsuit against the US government Monday, claiming Biden’s executive order to bar the companies from combining was signed for “purely political reasons.
Biden's decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers
By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden says he is protecting good jobs in the American heartland
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 ...
Biden's decision will embolden Chinese steel companies, Lou Basenese says
America Reports' panelists Lou Basenese and Dan Greenhaus unpack why U.S. Steel and Nippon Steel are suing the Biden ...
Nippon Steel might give another shot to buy U.S. steel after Trump comes in office: Analyst
Mio Kato, founder of LightStream Research says President Biden blocking Nippon Steel's acquisition of U.S. Steel might not be ...
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 — something he had first vowed ...
Japan's Nippon Steel offers governmental veto power for U.S. Steel production
Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...
Japanese buyer sends Biden new U.S. Steel proposal in final bid for support
Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction ...
New Orleans Mayor Says Steel Bollards Weren’t Up
Steel bollards, or barriers meant to prevent vehicles from driving into busy streets, weren’t up at the time of the attack, ...