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U.S. Steel, Biden

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.

The New York Times · 3d

U.S. Steel and Nippon Sue Biden Over Decision to Block Merger

U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis that the transaction posed a threat to national security.

ABC News on MSN · 3d

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.S. national security, the Biden administration said.

2don MSN

U.S. Steel, Nippon sue Biden administration over decision to block merger

By Alexandra Alper, Aatreyee Dasgupta and Yuka Obayashi WASHINGTON (Reuters) -U.S. President Joe Biden unlawfully blocked ...

14hon MSN

U.S. Companies and Investors in Japan Are at Risk From U.S. Steel Backlash

The Biden administration’s blocking of Nippon Steel’s acquisition of U.S. Steel isn’t only misguided. It has also rattled ...

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