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.
US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US ...
Nippon Steel said it would not be deterred by President Joe Biden’s decision last week to block its $15 billion bid for the ...
Nippon Steel President Tadashi Imai said filing a lawsuit against the U.S. government is one of the "important options", ...
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