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US Steel, Nippon sue Biden over move to block $14B deal

ABC News on MSN · 2h

US Steel and Nippon Steel sue Biden administration over blocked merger

U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a merger between the two companies. A proposed acquisition of the second-largest domestic steel producer by Nippon for nearly $15 billion would threaten U.

Hosted on MSN · 2h

U.S. Steel, Nippon Steel Challenge Biden’s Move to Kill $14.1 Billion Deal

The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction.

The Associated Press - Busines… · 2h

Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled

Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and Pennsylvania’s Mon Valley.

5hon MSN

U.S. Steel and Nippon Steel sue Biden administration for blocking their $15 billion deal

The steel companies allege White House decision to black takeover was political and violated their right to due process.

21hon MSN

Nippon Steel president says suing US government is an option, NTV reports

Nippon Steel President Tadashi Imai said filing a lawsuit against the U.S. government is one of the "important options", ...

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