U.S. Steel, Cleveland-Cliffs and Cliff
U.S. Steel and Nippon Steel allege in a lawsuit the administration blocked their $14.9 billion deal over political calculations, calling it an unprecedented action that "served the president's personal political agenda.
· 4d · on MSN
Biden administration extends deadline on Nippon Steel’s bid for U.S. Steel
American Competitor Signals Possible New Bid for U.S. Steel
Nippon, U.S. Steel has argued, is the only buyer that can make substantial investments in multiple steel mills and protect jobs. The United Steelworkers, which represents 11,000 U.S. Steel ...
· 11d · on MSN
Nippon Steel and U.S. Steel sue Biden administration over blocked deal
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. steelmaker.
Local steelworkers are holding out hope that the U.S. Steel sale with Nippon Steel goes through. This week Cleveland Cliffs CEO Lourence Goncalves offered to buy the Steel giant. The offer comes after President Joe Biden blocked a deal between U.
The steel companies allege White House decision to block takeover was political and violated their right to due process.
President Biden’s announcement on Friday to block Nippon Steel’s acquisition of U.S. Steel is a political decision, not one rooted in law or facts. In his announcement, Biden provided no e
The steel companies allege White House decision to block takeover was political and violated their right to due process.
By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden says he is protecting good jobs in the American heartland
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