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.
Japan, U.S. Steel
President-elect Trump has also opposed Nippon Steel's $15 billion acquisition of U.S. Steel, which President Biden blocked ...
Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion ...
Nippon Steel Corp.’s thwarted bid to expand in the US could mean tougher competition for Chinese mills in an already ...
The Nation on MSN5h
Biden Was Right to Block the US Steel TakeoverEven if losing domestic sources of primary steel does not seem like a national security threat today, it might tomorrow.
1don MSN
The suit, filed in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision and ...
The company doubled its output of raw materials, built more steel plants and by 1943, it employed a staggering 340,000 people. By 1955, thanks in part to technical advances, the United States ...
President Biden blocked Nippon Steel's acquisition of U.S. Steel citing national security concerns, a rationale which has ...
United States Steel’s earnings and margins decline in 2024. Learn why X stock is slightly overvalued at $30, with a fair ...
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