Nippon, US 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.
Nippon Steel and U.S. Steel file lawsuits over handling of blocked deal
Nippon Steel and U.S. Steel sued President Joe Biden on Monday over his decision to bar them from joining forces, alleging that he had violated their constitutional rights to due process in a corrupt bid to obtain political support for his reelection campaign.
Nippon Steel, US Steel File Lawsuits in Move to Keep Deal Alive
Nippon Steel Corp. and United States Steel Corp. jointly filed lawsuits in a last-ditch effort to preserve the planned merger of the companies, which was blocked last week by President Joe Biden.
Nippon Steel could face growth challenges after U.S. Steel purchase blocked, analysts say
Japan's Nippon Steel may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion acquisition of U.S. Steel, but its share price could bounce back in the near-term,
Nippon Steel Considers Legal Action Against U.S. Government Over Blocked Acquisition
The blocked acquisition invited criticism from U.S. Steel workers and managements from both Nippon Steel and U.S. Steel. The CEO of US Steel, David Burritt, commented that Biden's decision is shameful and corrupt.
US Steel, Nippon move court against Biden blocking $14.9 billion deal
U.S. Steel and Nippon Steel said on Monday they had filed two lawsuits after U.S. President Joe Biden blocked the $14.9 billion buyout of the American steelmaker by the Japanese company.One lawsuit asked a court to set aside Biden's order and the review process by a U.
Nippon Steel’s doomed $15B deal with Biden administration had unlikely opposition – a rival CEO: bombshell docs
Cliffs, which made a failed $7 billion bid for US Steel in August 2023, participated in at least nine calls assuring investors that President Joe
Nippon Steel mulls options after Biden blocks US Steel deal
Nippon Steel will hold a news conference on Tuesday to address its options after US President Joe Biden blocked the Japanese company's takeover of US Steel. Both companies called the move to derail the deal a "political decision" that violates the law.
Alert: Nippon Steel and US Steel file lawsuit challenging President Joe Biden's decision to block $15 billion deal
WASHINGTON (AP) — Nippon Steel and US Steel file lawsuit challenging President Joe Biden's decision to block $15 billion deal.
Biden's decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers
By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden says he is protecting good jobs in the American heartland
Does Nippon Steel's bid to buy US Steel threaten national security? Experts weigh in
President Biden blocked Nippon Steel's acquisition of U.S. Steel citing national security concerns, a rationale which has ...
Nippon Steel and U. S. Steel File Multiple Lawsuits in Response to Wrongful Interference with the Proposed Acquisition of U. S. Steel
Nippon Steel Corporation ("Nippon Steel") (TSE: 5401), together with its wholly owned subsidiary Nippon Steel North America, Inc. ("NSNA"), and United States Steel Corporation ("U. S. Steel") (NYSE: X ...
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Nippon Steel sues Biden, Cleveland-Cliffs, head of USW union
In its suit against the U.S. government, Nippon Steel asked the court to set aside Biden's order on Friday blocking the buyout, and to instruct the Committee on Foreign Investment in the United States ...