US Steel and Nippon sue Biden administration, Steelworkers …
1 day ago · 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 ...
Nippon Steel stands firm on proposed $15 ... - Associated Press News
1 day ago · They also argue Nippon Steel and U.S. Steel coming together makes for a viable force in an industry now dominated by the Chinese, creating jobs and economic impact of up to $1 billion. Hashimoto reiterated that Nippon Steel and U.S. Steel were “united as …
Nippon Steel, US Steel file lawsuit after Biden ... - Associated Press News
1 day ago · WASHINGTON (AP) — Nippon Steel and U.S. Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon’s proposed $15 billion acquisition of the Pittsburgh company and said that the head of the Steelworkers union and a rival steelmaker worked together to scuttle the buyout.. In moving to block the transaction Friday, Biden said U.S. companies producing a ...
U.S. Steel sues Biden administration, union boss after ... - NBC News
1 day ago · U.S. Steel and Japan's Nippon Steel said in a release Monday that President Joe Biden "ignored the rule of law" to gain favor with United Steelworkers, the union representing many of U.S. Steel's ...
U.S. Steel and Nippon Sue Biden Over Blocked Merger
1 day ago · 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 ...
US Steel and Nippon Steel sue US government over merger block …
1 day ago · U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with their merger, which President Biden blocked Friday over national security…
Nippon, US Steel file suit against Biden administration, union, and ...
1 day ago · Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and Pennsylvania’s Mon Valley.
Nippon, US Steel Sue to Save Merger After Biden Blocks It
1 day ago · Nippon Steel Corp. and United States Steel Corp. jointly filed a pair of lawsuits in a last-ditch effort to preserve their planned merger, which was blocked last week by President Joe Biden.
Biden will decide on U.S. Steel-Nippon Steel deal after ... - CBS News
Dec 24, 2024 · A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel,...
Nippon Steel, US Steel Sue Biden Administration Over Blocked …
1 day ago · In 2023, Nippon Steel agreed to acquire US Steel in an all-cash deal valued at $55.00 per share, totaling $14.9 billion. The deal had received regulatory approvals outside of the U.S.