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.
America Reports' panelists Lou Basenese and Dan Greenhaus unpack why U.S. Steel and Nippon Steel are suing the Biden ...
President Biden blocked Nippon Steel's acquisition of U.S. Steel citing national security concerns, a rationale which has ...
Japan's prime minister called for clarity Monday on why US President Joe Biden blocked a $14.9-billion deal for Nippon Steel to buy US Steel, warning the decision could hit investments.
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