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Joe Biden, U.S. Steel
Biden will decide on US Steel acquisition after influential panel fails to reach consensus
A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel, leaving the decision to President Joe Biden,
Fate Of U.S. Steel’s Sale To Nippon In Biden’s Hands After Oversight Committee Fails To Reach Consensus
Biden has 15 days to decide whether to approve the merger which both he and President-elect Donald Trump has expressed their opposition to.
Panel’s deadlock on U.S. Steel sale leaves final decision to Biden
A high-level government review board has told the White House it is unable to reach a consensus on the national security risks involved in Nippon Steel’s proposed acquisition of U.S. Steel, likely setting the stage for President Joe Biden to kill the deal.
RealClearMarkets
3h
Joe Biden and Donald Trump Threaten U.S. Steel's Existence
Never turn down capital when it’s offered to you. The previous axiom is easily as old as business. The wise refuse what’s ...
3d
Biden's daunting exit list: Gaza ceasefire, Ukraine aid, U.S. Steel
With a month left in the White House, U.S. President Joe Biden has a long list of foreign and domestic policy actions he ...
devdiscourse
12h
Nippon's Steel Ambition Stalled: CFIUS in Limbo Over U.S. Deal
The Committee on Foreign Investment in the United States (CFIUS) failed to reach a consensus on Nippon Steel's bid to acquire ...
10d
U.S. Steel merger likely to be blocked. Treasury letter explains why
President Joe Biden is said to be planning to end Nippon Steel Corp.’s $14.1 billion bid to buy U.S. Steel Corp. on national ...
Opinion
Daily Camera
3d
Opinion
Views from the nation’s press
The partnerships Biden has forged in Asia have bolstered America’s hand in the region more than any other action his White ...
devdiscourse
11h
Nippon Steel's Ambitious Bid Clouded by National Security Concerns
The Committee on Foreign Investment in the United States (CFIUS) has informed the White House of its inability to reach a ...
3d
Exclusive-Nippon Steel alleges undue White House influence on doomed deal review-letter
Nippon Steel alleges the White House had "impermissible undue influence" over a national security review of its $14.9 billion ...
Opinion
New Castle News
4d
Opinion
Editorial by Bloomberg Opinion | Nixing the Nippon Steel deal is still a terrible idea
The politics surrounding Nippon Steel Corp.’s controversial bid for United States Steel Corp. evidently haven’t improved ...
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