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Biden killed US Steel deal even though some US officials rejected national security concerns
President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US officials did not believe there were sufficient national security grounds to kill the deal,
US Steel, Nippon Sue Biden for Blocking $15 Billion Deal
President Biden blocked the deal between Nippon and U.S. Steel earlier this month due to "national security" concerns.
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 national security review that deprived the companies of their right to a fair process.
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.
U.S. Steel sues Biden admin, union boss after president blocks acquisition deal
U.S. Steel and the Japanese firm that had sought to acquire it are suing the Biden administration after the president announced he was blocking a proposed deal for the iconic American manufacturer.
19m
on MSN
Canada's GFL to sell environmental services business in $5.6 billion deal
GFL Environmental will sell its environmental services division to Apollo Global Management and BC Partners in a deal valued ...
14h
on MSN
Sports streaming shake-up? What the Disney Hulu + Live FuboTV deal means for you
Will the Hulu + Live and FuboTV deal mean more options for watching NFL, MLB and NBA games or will it mean higher prices? We ...
19h
Walmart has this DREO portable space heater on sale for only $33 in a secret online deal
Walmart has a secret deal on this portable DREO 1500W space heater that drops its price to just $31 with an extra online-only ...
1h
Southwest Airlines enters sale-leaseback deal for 36 jets
Southwest Airlines entered into a sale and lease back transaction for 36 of its Boeing 737-800 aircraft with Babcock & Brown ...
1h
on MSN
Cybersecurity Experts Explain Why China's Alleged U.S. Treasury Hack Is a Big Deal
In early December 2024, the U.S. Department of the Treasury experienced a cybersecurity breach. Though China denies ...
7h
on MSN
Minneapolis OKs police reform deal with the US government in the wake of George Floyd's murder
Minneapolis has approved an agreement with the federal government in response to the murder of George Floyd that would ...
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Related topics
Joe Biden
U.S. Steel
Israel
United States
Nippon
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