US Steel CEO seeks fresh look from Trump at Nippon deal, says Biden decision 'corrupt'
CEO David Burritt appealed to President-elect Trump on Tuesday to reverse President Biden's "wrongful, shameful, corrupt" ...
Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive
The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham ...
Biden killed US Steel deal even though some US officials rejected national security concerns
President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US ...
WVTM 1322h
Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden
Nippon Steel Chief Executive Eiji Hashimoto says there is no reason or need to give up. President Joe Biden has blocked the ...
JD Supra1h
FCC Approvals on Upcoming Mergers and Acquisitions
Under Republican administrations, the Federal Communications Commission (FCC) has historically taken a more permissive approach to approving ...
CFIUS Review of Acquisitions and Investments
To protect national security, the Committee on Foreign Investment in the United States (CFIUS) may review transactions involving foreign investment in US businesses. Parties to potentially covered ...
Biden to block $14.9B US Steel sale to Japanese buyer: report
The Committee on Foreign Investment in the United States (CFIUS) spent months reviewing the deal for national security risks but referred the decision to Biden in December, after failing to reach ...