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U.S. Steel and Nippon File Lawsuits
US Steel and Nippon Steel sue Biden administration over blocked merger
U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a merger between the two companies. A proposed acquisition of the second-largest domestic steel producer by Nippon for nearly $15 billion would threaten U.
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.
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.
5h
on MSN
Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
Nippon Steel and U.S. Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon's ...
2d
on MSN
Government source: 'regrettable' that Nippon Steel decision made due to 'national security concerns'
A Japanese government source told Euronews that the Biden adminstration's decision to block the takeover of US Steel by Japan ...
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