New bidder challenges Nippon in acquisition of U.S. Steel as Biden administration extends deadline
The proposed deal kicked up an election year political maelstrom across America’s industrial heartland and quickly drew vows ...
Biden Extends Deadline for Nippon's US Steel Bid, Keeping Deal Alive
President-elect Donald Trump has also expressed strong opposition to Japanese ownership of infrastructure giant.
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, even as the potential for a new bid for the ...
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.
Newsweek3d
Biden Extends Deadline for Nippon's US Steel Bid, Keeping Deal Alive
Nippon Steel, Japan's largest steelmaker ... production from blast furnaces to more cost-effective, non-union electric arc furnaces and relocate its headquarters from Pittsburgh.