Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
Nippon Steel and U.S. Steel are filing 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
Nippon Steel said in an 11th-hour appeal to U.S. Steel employees that it would protect integrated steel mills and union jobs.
In a joint statement, Nippon and U.S. Steel called Biden’s decision “a clear violation of due process and the law'' and ...
The company has had a bad half-century. All the government protection in the world can’t hide that.
"The last blast furnace in the United States was built before Ronald Reagan got elected, Since the 1980s, they've slowing ...
The steel companies allege White House decision to block takeover was political and violated their right to due process.
President Joe Biden's announcement that he would block Nippon Steel’s acquisition of U.S. protects the domestic steel ...
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based ...
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