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 Inc. is partnering with Nucor Corp. to weigh a potential joint bid for United States Steel Corp., according ...
US steel companies Cleveland-Cliffs and Nucor are preparing a joint proposal to potentially acquire US Steel after the White House blocked a takeover by Japan's Nippon Steel, CNBC reported Monday.
US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US ...
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Biden blocked US Steel and Nippon merger. The companies are now suing the US governmentThe lawsuit alleges that the Biden administration “ignored the rule of law” and rejected the merger to curry favor with the United Steelworkers union.
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