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US Steel, Nippon sue Biden over move to block $14B deal

The Associated Press - Busine… · 16m

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 acquisition of U.S. Steel.

Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive

Nippon Steel and U.S. Steel are unlikely to convince a court to scrap President Joe Biden's decision to block their $14.9 billion merger, but their lawsuit could give them more time to reach a deal with incoming President Donald Trump.

New York Post on MSN · 10h

US Steel, Nippon sue Biden over move to block $14B deal: ‘Shameful and corrupt’

The lawsuit, filed in a federal court in Washington, accused Biden and senior administration officials of corrupting the deal’s review process, and harming American steel workers by blocking the

2h

Blinken visits Japan as Nippon Steel decision weighs on relations

U.S. President Joe Biden's decision to block Nippon Steel's $14.9 billion bid for U.S. Steel casts a shadow over Secretary of ...

3hon MSN

Biden killed US Steel deal even though some US officials rejected national security concerns

President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US ...

11hon MSN

U.S. Steel And Nippon Sue Biden Administration For Blocking Merger

U.S. Steel and Japan’s Nippon Steel have filed a federal lawsuit challenging President Joe Biden’s decision last week to ...

2d

Why Japan Won’t Stop Trying to Invest in the U.S.

Japanese companies needing to grow have sought out American deals. Experts say that will not change even after Biden’s ...

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