US Steel and Nippon Steel threatened legal action after President Joe Biden blocked a controversial $14.9 billion deal for ...
President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U ...
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Biden blocks US Steel sale to Japan's Nippon SteelUS Steel and Nippon Steel threatened legal action Friday after President Joe Biden blocked a controversial $14.9 billion deal ...
The intersection of politics and national security likely played a role in President Joe Biden's decision to reject the proposed sale of U.S. Steel to a Japanese company, according to experts. The ...
Biden cites national security as a chief reason for his decision, but the steelmakers say the ruling is politically motivated ...
The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in ...
U.S. Steel’s president and CEO declared President Biden’s decision to block the company from being acquired by the Japanese ...
The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, ...
President Biden said he would block the sale of one of America’s most iconic companies to a Japanese firm. In December 2023, Nippon Steel announced it would buy U.S. Steel for more than $14 billion.
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