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 alone could force cutbacks.
Nippon Steel and U.S. Steel file suit after Biden administration blocks $15-billion deal
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 and U.S. Steel sue Biden administration over blocked deal
Separate lawsuits from Nippon Steel and U.S. Steel target President Joe Biden as well as a steelworkers union head and a rival steelmaker’s CEO.
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.
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 planned acquisition of U.S. Steel received a "thorough analysis" by an interagency review body that was sent to President Joe Biden,
U.S.-Japan ties strong despite blocked Nippon Steel deal: ambassador
U.S. Ambassador to Japan Rahm Emanuel on Thursday played down concerns over the potential repercussions from President Joe Biden's decision to block the $14.1 billion acquisition of United States Steel Corp.
U.S. Companies and Investors in Japan Are at Risk From U.S. Steel Backlash
The Biden administration’s blocking of Nippon Steel’s acquisition of U.S. Steel isn’t only misguided. It has also rattled ...
Zito: U.S. Steel sale and future in limbo after Biden block
Biden said he blocked the $14 billion takeover of U.S. Steel by Japan's Nippon Steel on the grounds the sale was a threat to ...
Biden’s ‘security’ concern about TikTok and U.S. Steel is doubly specious
When, on Friday, the Supreme Court hears the Biden administration defend the law that bans TikTok, the justices should ...
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 ...
Could This Be the Nail in U.S. Steel’s Coffin?
The company has had a bad half-century. All the government protection in the world can’t hide that.
Japanese steelmaker vows not to give up on buying U.S. Steel
Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S.
U.S. steel, orange juice on list of Canada’s retaliatory tariffs: Source
A senior government source has told CBC News that a list of potential retaliatory tariffs includes U.S. steel and aluminum, ...
US Steel spat strengthens case for deal guardrails
A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...
U.S. Steel sues Biden administration, union boss after president blocks acquisition deal
U.S. Steel and the Japanese firm that had sought to acquire it are suing the Biden administration after the president ...