pittsburgh nippon steel news

Biden Was Right to Block US Steel Takeover

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 proposed $15 billion acquisition of the Pittsburgh company and said that the head of the Steelworkers union and a rival steelmaker worked together to scuttle the buyout.

WPXI on MSN · 2d

Local leaders host VP of Nippon Steel to discuss Biden blocking deal with US Steel

PITTSBURGH — The fate of U.S. Steel plants continues to be the talk of the town in the Mon Valley. Now, U.S. Steel and Nippon Steel have filed a lawsuit over the president’s decision to merge them. The Nippon Steel leaders are so serious about making this deal work, they flew here from Japan.

CBS News · 2d

U.S. Steel and Nippon Steel sue Biden administration for blocking their $15 billion deal

The steel companies allege White House decision to block takeover was political and violated their right to due process.

New York Sun2h

Future of a Steel Titan in Limbo After Biden Blocks Sale to Japanese Firm

Mr. Biden says he blocked the $14 billion takeover of U.S. Steel by Japan's Nippon Steel on the grounds the sale was a threat ...

Milbank, Wachtell, Ropes and Pittsburgh Duo Aim to Save Nippon Steel-U.S. Steel Merger

Ropes & Gray, Milbank and Wachtell, Lipton, Rosen & Katz all advised on the $14 billion acquisition. They're joined in two ...

Nippon Steel Vice Chair Takahiro Mori: We won't stop fighting for U.S. Steel

In an interview with the Business Times, a resolute Nippon Steel Corp. Vice Chair Takahiro Mori vowed Monday to keep fighting and said he won’t give up the fight to overturn President Biden’s blocking ...

Williamsport Sun-Gazette2h

Governor challenged to back U.S. Steel lawsuit or lose to Ohio

Gov. Josh Shapiro faces a new challenge after the White House blocked U.S. Steel’s overseas acquisition. Join the lawsuit the ...

Pittsburgh's Reed Smith, K&L Gates Join Fight to Save Nippon Steel-U.S. Steel Merger

Ropes & Gray, Milbank and Wachtell, Lipton, Rosen & Katz all advised on the $14 billion acquisition. They're joined in two ...

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