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U.S. Steel, Nippon and Joe Biden
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, now that the Biden Administration pushed back the deadline it imposed for the Japanese steelmaker to abandon its plan to acquire the storied Pittsburgh company.
Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies say
The Biden administration delayed until June an order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel , the companies said on Saturday, giving them some time to revive the politically contentious deal.
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.
Cleveland
1d
If Cleveland-Cliffs acquires US Steel, its CEO says the headquarters of the new company would be in Pittsburgh
If Cleveland-Cliffs is able to acquire US Steel, its CEO says the headquarters of the new entity would be in Pittsburgh, not ...
2d
on MSN
US Steel Stock Jumps as Cleveland-Cliffs and Nucor Reportedly Mull Joint Bid
U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential bid for the ...
1d
on MSN
Nippon Steel wants to work with Trump administration on US Steel deal, Mori tells WSJ
Japan's Nippon Steel remains interested in working with the incoming administration of Donald Trump to try to seal a takeover ...
9d
US Steel and Nippon sue Biden administration, Steelworkers union and Cleveland-Cliffs over their blocked merger
US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US ...
1d
Possible takeover bid for US Steel reported
United States Steel Corp. shares rose Monday after cable financial news channel CNBC reported that Cleveland-Cliffs Inc. and ...
12d
President Biden blocks sale of US Steel to Japanese company
In blocking the sale to Nippon Steel, Biden said U.S. Steel "will remain a proud American company – one that’s American-owned ...
3d
United States Steel Represents A Great Risk To Reward Prospect At Current Pricing
United States Steel's strategic investments position it well for future growth and modernization. See why X stock is a Buy.
6d
US Steel spat strengthens case for deal guardrails
A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...
2d
Cleveland-Cliffs and Nucor Consider Joint US Steel Bid
Cleveland-Cliffs Inc. is partnering with Nucor Corp. to weigh a potential joint bid for United States Steel Corp., according ...
2d
American Competitor Signals Possible New Bid for U.S. Steel
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American ...
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