A new rival bid for US Steel is emerging as the US extends deadline on Nippon’s bid blocked by Biden
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, now that the Biden Administration pushed back ...
The Washington Post10d
Nippon Steel and U.S. Steel sue Biden administration over 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 ...
Cleveland-Cliffs still interested in U.S. Steel if pending merger fails
Cleveland-Cliffs CEO Lourenco Goncalves said Monday his company is ready to make another offer for U.S. Steel if its ...
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 ...
Newsweek3d
Biden Extends Deadline for Nippon's US Steel Bid, Keeping Deal Alive
The Biden administration has extended the deadline for Nippon Steel to abandon its proposed $14.9 billion acquisition of U.S. Steel, providing a potential lifeline for the embattled deal.
ABC News10d
Nippon Steel and US Steel file lawsuit challenging President Joe Biden's decision to block $15 billion deal
Nippon Steel and US Steel file lawsuit challenging President Joe Biden's decision to block $15 billion deal WASHINGTON -- Nippon Steel and US Steel file lawsuit challenging President Joe Biden's ...
Los Angeles Times10d
Nippon Steel and U.S. Steel file suit after Biden administration blocks $15-billion deal
WASHINGTON — 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 ...
The New York Times3d
American Competitor Signals Possible New Bid for U.S. Steel
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse. By Danielle Kaye and Lauren Hirsch A possible new ...
Orlando Sentinel10d
Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
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 ...
The Times of Northwest Indiana13d
Biden blocks Nippon Steel's purchase of U.S. Steel; steelmakers threaten legal action over 'shocking political decision'
"As I have said many times, steel production—and the steelworkers who produce it—are the backbone of our nation. A strong ...
Orlando Sentinel3d
US extends deadline on Nippon’s bid for US Steel, offering some hope that the deal is not dead
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 Administration extended a deadline for the Japanese steelmaker to abandon ...
WTAE-TV3d
US extends deadline on Nippon's bid for US Steel, offering some hope that the deal is not dead
U.S. Steel has warned that, without Nippon Steel's cash, it will shift production away from the blast furnaces to cheaper non-union electric arc furnaces and move its headquarters out of Pittsburgh.