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Steel, Biden
Biden administration extends deadline on Nippon-U.S. Steel deal, offering some hope for merger
The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden administration extended a deadline for the Japanese steelmaker to abandon plans to acquire the storied Pittsburgh company after President Joe Biden blocked the deal.
Lawsuit alleges Biden blocked US Steel-Nippon Steel merger for political reasons
The lawsuit in the U.S. Court of Appeals for the District of Columbia alleges that the Biden administration used the government review process as a pretext to reject the merger as
Biden administration delays deadline for U.S. Steel, Nippon Steel to kill merger
The Biden administration has given U.S. Steel and Japan’s Nippon Steel an extra six months to ditch their merger, keeping the deal alive as litigation unfolds over whether a national security panel’s review of it was tainted by political considerations.
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 storied Pittsburgh steelmaker began to emerge Monday
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.
Japan PM asks Biden to allay concerns over Nippon Steel-US Steel deal
By Kevin Buckland and Kiyoshi Takenaka TOKYO (Reuters) -Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business communities over the status of Nippon Steel's planned acquisition of U.
Japanese Prime Minister raises concerns with Biden over his move to block Nippon Steel deal for US Steel
Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business communities over the status of Nippon Steel’s 5401.T planned acquisition of U.S.
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 by Biden and Trump from the campaign trail in a critical battleground state to block the deal.
Cleveland-Cliffs mulls purchase of U.S. Steel
Cleveland-Cliffs still interested in U.S. Steel if pending merger fails
Cleveland-Cliffs CEO Lourenco Goncalves said Monday his company is ready to make another offer for U.S. Steel if its attempted merger with Japan’s Nippon Steel fails for good. “We have an all-American solution,
Cleveland-Cliffs eyeing all-cash bid for U.S. Steel, source says
Cleveland-Cliffs is partnering with peer Nucor to prepare a potential all-cash bid for U.S. Steel, with an offer in the high $30s per share, a person familiar with the matter said on Monday. Cliffs is aiming to purchase all of U.
Cleveland-Cliffs mulls purchase of U.S. Steel if Nippon deal fails
The move by Cleveland-Cliffs comes after the Biden administration blocked the U.S. Steel-Nippon tie-up on national security grounds.
5d
U.S. Steel, Its Merger Blocked, Faces Stark Alternatives
The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it ...
1d
US Steel Launches ‘Longshot’ Attack on Union in Merger Fallout
A US Steel Corp. lawsuit against the United Steelworkers president and a rival manufacturer is likely to fail in court using ...
The Indianapolis Star
8d
Biden glorifies American-made steel while Gary rots in ruins | Opinion
can't do worse by U.S.
Steel
's workers or by the city of Gary than the company has already done while flying the American flag. Biden's effort to block the
merger
is an inappropriate intervention ...
6d
on MSN
Yellen says CFIUS made thorough analysis of blocked US Steel-Nippon Steel merger
U.S. Treasury Secretary Janet Yellen said on Wednesday that Nippon Steel's planned acquisition of U.S. Steel received a ...
Opinion
Duluth News Tribune
1d
Opinion
National View: Trump's 'Art of the Deal' can still save US Steel merger
From the column: "The (Nippon Steel-US Steel) merger is (actually) good for national security, enabling us and the Japanese ...
3h
Consol Energy, Arch Resources complete merger to form Core Natural Resources
The merger of Consol Energy Inc. and Arch Resources Inc. has been completed, creating a new company called Core Natural ...
RealClearMarkets
11d
The Dubious Behavior That Undermined the U.S. Steel-Nippon Steel Merger
President Biden’s announcement on Friday to block Nippon Steel’s acquisition of U.S. Steel is a political decision, not one ...
7d
on MSN
EDITORIAL: Steel merger had nothing to do with national security
In keeping with Mr. Biden’s pattern in recent weeks of using the powers of his office for personal and political purposes, ...
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