U.S. Steel and Nippon Steel filed lawsuits on Monday over President Joe Biden's decision to stop the Japanese company's proposed nearly $15 billion takeover of its Pittsburgh-based rival.
(AP Foto/Mark ... of jobs. Nippon Steel and U.S. Steel contend their deal would save American jobs, and business groups on both sides have objected to seeing the deal fall through as part of ...
The U.S. market remains a key part of Nippon Steel’s global strategy, said Hashimoto. U.S. Steel Corp. has accused the Biden administration of interference. “We will vigorously defend our ...
WASHINGTON (AP) — 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 ...
Nippon Steel and U.S. Steel filed a federal lawsuit challenging the Biden administration's decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel..
On Friday, Biden said he was blocking the controversial $14.3 billion acquisition, marking a significant ... billion in investment planned by Nippon Steel as part of its proposed purchase.
Nippon Steel and US Steel are suing the US government over blocking a takeover, claiming that President Joe Biden "ignored the rule of law to gain favor" with trade unions. The two companies also ...