X down: U.S. Steel stock falls 7% after President Joe Biden blocks takeover by Japanese giant Nippon Steel
The acquisition was controversial as some argued foreign ownership over one of America’s largest steel producers posed a ...
Editorial: Blocking Nippon deal is a death sentence for Pittsburgh steel
President Joe Biden’s decision to block Nippon Steel’s acquisition of U.S. Steel will go down as one of the worst of his ...
Nippon Steel, U.S. Steel ‘dismayed’ by Biden’s decision to block proposed deal, statement says
Nippon Steel and U.S. Steel, in the joint statement, say they’re “dismayed by President Biden’s decision” and vow to “take all appropriate action to protect our legal rights.” ...