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U.S. Steel, Biden
Biden administration extends deadline on Nippon-U.S. Steel deal, offering some hope for merger
The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden administration extended a deadline for the Japanese steelmaker to abandon plans to acquire the storied Pittsburgh company after President Joe Biden blocked the deal.
US Steel and Nippon sue Biden administration, Steelworkers union and Cleveland-Cliffs over their blocked merger
US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US government Monday, claiming Biden’s executive order to bar the companies from combining was signed for “purely political reasons.
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.
Cleveland-Cliffs mulls purchase of U.S. Steel
Cleveland-Cliffs still interested in U.S. Steel if pending merger fails
Cleveland-Cliffs CEO Lourenco Goncalves said Monday his company is ready to make another offer for U.S. Steel if its attempted merger with Japan’s Nippon Steel fails for good. “We have an All-American solution,
Cleveland-Cliffs mulls purchase of U.S. Steel if Nippon deal fails
The move by Cleveland-Cliffs comes after the Biden administration blocked the U.S. Steel-Nippon tie-up on national security grounds.
Cleveland-Cliffs CEO says he still wants U.S. Steel deal
The CEO of steelmaker Cleveland-Cliffs reiterated he still wants to acquire rival U.S. Steel, in a news conference filled with intense and vehemently anti-Japan rhetoric. Why it matters: This is the buyer that the United Steelworkers union wants,
4d
U.S. Steel, Its Merger Blocked, Faces Stark Alternatives
The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it ...
23h
US Steel Launches ‘Longshot’ Attack on Union in Merger Fallout
A US Steel Corp. lawsuit against the United Steelworkers president and a rival manufacturer is likely to fail in court using ...
6d
on MSN
EDITORIAL: Steel merger had nothing to do with national security
In keeping with Mr. Biden’s pattern in recent weeks of using the powers of his office for personal and political purposes, ...
18h
American Competitor Signals Possible New Bid for U.S. Steel
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American ...
Opinion
Duluth News Tribune
1d
Opinion
National View: Trump's 'Art of the Deal' can still save US Steel merger
From the column: "The (Nippon Steel-US Steel) merger is (actually) good for national security, enabling us and the Japanese ...
Opinion
12d
on MSN
Opinion
Why Trump should switch sides on the US Steel-Nippon Steel merger (but probably won’t)
The clock is ticking on government approval for the U.S. Steel-Nippon Steel merger, and whether short-term political ...
5d
State steel Merger Announced
James Mangold, who just picked up a Directors Guild of America nomination for “A Complete Unknown,” recently told MovieWeb ...
19h
U.S. Steel rises on CNBC report of American rivals mulling bid
United States Steel Corp. shares rose after CNBC reported that Cleveland-Cliffs Inc. and Nucor Corp. are considering a ...
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