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U.S. Steel, Biden
Yellen says CFIUS made "thorough analysis" of blocked US Steel-Nippon Steel merger
U.S. Treasury Secretary Janet Yellen said on Wednesday that Nippon Steel's blocked acquisition of U.S. Steel received a "thorough analysis" by an interagency national security review body that was sent to President Joe Biden.
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.
Local leaders host VP of Nippon Steel to discuss Biden blocking deal with US Steel
The companies also filed a second suit against the head of the United Steelworkers union and steel company Cleveland Cliffs, claiming the two worked together to block the U.S. Steel and Nippon deal. Download the FREE WPXI News app for breaking news alerts.
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.S. national security, the Biden administration said.
US Steel, Nippon Steel Sue US Government Over Blocked $14.1B Deal
U.S. Steel and Nippon Steel said Monday they are suing the U.S. government over President Joe Biden’s blocking last week of the $14.1 billion sale of the iconic American company to the Japanese firm on national security grounds.
Nippon looks for way forward with Mon Valley leaders after Biden rejects U.S. Steel merger
Nippon's vice chairman is sitting down with multiple mayors in the Mon Valley, trying to determine what to do next.
Leaders say future of Mon Valley is murky as Nippon-U.S. Steel merger stalled for now
Tim White has been working with an organization that works to overcome economic devastation long enough to be fully familiar with the word and when to use it.
Listen: Nippon executive says Mon Valley wants deal with U.S. Steel done
The Vice-Chairman of Nippon Steel on Monday met with the mayors of the Mon Valley at Kelly’s Garage to talk about the Japanese company’s proposed nearly $15 billion acquisition of U.S. Steel.
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Ramstad: U.S. Steel should have gone to Nippon. Blocking the deal will harm Minnesota’s Iron Range
President Joe Biden last week capitulated to uneconomic thinking by blocking Nippon Steel’s purchase of U.S. Steel. That ...
devdiscourse
54m
Contentious Blockade: Nippon Steel Faces Legal Battle in U.S.
The blocked merger between Nippon Steel and U.S. Steel has entered legal proceedings, following intervention by President Joe ...
1d
on MSN
Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden
Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion ...
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Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive
The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham ...
2d
on MSN
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, ...
2d
on MSN
Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
The suit, filed in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision and ...
1d
on MSN
Nippon Steel and US Steel rival denies bombshell lawsuit claims: 'We are armored through the teeth'
The CEO of Cleveland-Cliffs – a Nippon and U.S. Steel competitor – argues suing his company and the Biden administration is ...
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