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Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies say
The Biden administration delayed until June an order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel, the companies said on Saturday, giving them some time to revive the politically contentious deal.
Biden administration delays enforcement of order blocking Nippon Steel and U.S. Steel deal
The delay will give the courts time to review a legal challenge brought by parties earlier this month against Biden's order.
Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
The suit, filed in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision and violated the companies’ due process.
Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal
The Biden administration will hold off enforcing a requirement laid out in an executive order this month that Nippon Steel abandon its $14.9 billion bid for U.S. Steel , the companies said on Saturday.
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.
Chattanooga Times Free Press
11h
Nippon purchase of U.S. Steel would strengthen national security
Japan's Nippon Steel agreed to acquire the struggling U.S. Steel in a win-win deal that would bring much needed capital ...
4d
on MSN
Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden
Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed acquisition and ...
5d
US Steel and Nippon sue Biden administration, Steelworkers union and Cleveland-Cliffs over their blocked merger
US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US ...
3d
Republicans outraged at Biden's block of US Steel sale to Nippon; Gov. Shapiro opts not to comment
Justin Baldoni’s lawyer Bryan Freedman appeared on an episode of “The Megyn Kelly Show” where the former Fox News host played ...
4d
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 ...
6d
on MSN
Nippon Steel may sue US government over Biden’s decision to block US Steel acquisition
Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, ...
5d
Nippon Steel’s Thwarted Bid Sets Up Tougher Rivalry With Chinese Mills
Nippon Steel Corp.’s thwarted bid to expand in the US could mean tougher competition for Chinese mills in an already ...
Opinion
3d
Opinion
Mitch McConnell: Nippon Steel Isn’t the Enemy
By blocking the merger with U.S. Steel, Biden sells out American industry, workers and national security to Big Labor.
2d
on MSN
President Carter 'would not have intervened' in the US-Nippon Steel deal, says Alan Wolff
Alan Wolff, Peterson Institute for International Economics distinguished visiting fellow, joins 'Squawk Box' to discuss ...
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