The companies, whose $55 a share cash deal to acquire U.S. Steel was first proposed Dec. 18, 2023, are working against a June ...
Nippon Steel and U.S. Steel filed a federal lawsuit challenging a Biden administration decision to block Nippon's proposed $15 billion acquisition of the Pittsburgh company and said that the head of ...
President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan's Nippon Steel on Friday — something he had first vowed to do in March. His decision comes after the Committee on Foreign ...
U.S. Steel and Nippon Steel filed a separate lawsuit in the U.S. Court of Appeals in Washington, D.C., against the Biden ...
Second lawsuit filed in U.S. District Court for the Western District of Pennsylvania against Cleveland-Cliffs, Cliffs’ CEO Lourenco Goncalves, and USW President David McCall for their illegal and ...
Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion ...
It’s not too late for our judicial system to intervene and do what’s right for the American people and our allies.
HARRISBURG, Pa. (AP) — The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden ...
The companies argue in a lawsuit that the process of reviewing the transaction was corrupted by politics. By Alan Rappeport Alan Rappeport covers the Treasury Department. U.S. Steel and Japan’s ...
The argument is even less credible considering Japan hosts more than 50,000 US troops and in 2023 changed its laws so ...
noted the proposal is aimed at mollifying the Committee on Foreign Investment in the United States, which warned last week that Japan-based Nippon Steel's takeover of U.S. Steel could lead to a ...
PITTSBURGH, January 22, 2025--United States Steel Corporation (NYSE ... The hearing for a lawsuit that Nippon Steel and U.S. Steel brought against U.S. President Joe Biden's administration ...