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U.S. Steel, Nippon Steel challenge Biden's veto in appeals court filing, claim politics trumped national security
United States Steel Corp. and Nippon Steel told an appeals court that then-President Joe Biden deprived them of their constitutional rights by blocking its $14.9 billion deal for the Pittsburgh steelmaker.
Nippon Steel, U.S. Steel File Opening Brief Against Biden, Others Over Scuttled Deal
Nippon Steel and U.S. Steel jointly filed their opening brief in court against former President Biden and others to invalidate what they said were unlawful actions over the companies' proposed merger.
Nippon, US Steel Say Biden Blocked Merger Amid ‘Sham’ Review
Nippon Steel Corp. and United States Steel Corp. claimed former President Joe Biden unfairly prejudged their $14.1 billion merger and gave the companies no chance for feedback on a “sham” national security review before he blocked the deal.
U.S. Steel posts muted quarterly results amid Nippon deal snag
U.S. Steel reported fourth-quarter loss and revenue that matched Wall Street estimates on Thursday, dented by price declines and a bumpy demand environment.
Nippon Steel, U.S. Steel request court set aside Biden’s block of partnership
Nippon Steel Corporation (NPSCY), together with its wholly owned subsidiary Nippon Steel North America, Inc., and United States Steel
RealClearMarkets
4d
A Case For and Against Nippon's U.S. Steel Acquisition
President Joe Biden announced he was suspending the purchase of U.S. Steel by Japan’s Nippon Steel, citing the sale as a ...
3d
on MSN
Nippon Steel launches $456 million bid to acquire Sanyo Special Steel
Nippon Steel will launch a $456 million tender offer to make Sanyo Special Steel a wholly owned unit, Japan's biggest ...
The Associated Press on MSN
6d
New player arrives in US Steel-Nippon takeover saga with the goal of quashing it
An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...
7d
Activist Investor Seeks to Oust U.S. Steel Chief Over Nippon Deal
The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the ...
7d
on MSN
Investor seeks to quash U.S. Steel-Nippon deal after taking stake in Pittsburgh company
Ancora Holdings Group said the board of U.S. Steel and its CEO have prioritized the sale to Nippon because they stand to ...
7d
on MSN
Asset Manager Challenges Nippon Steel's Takeover of US Steel
An asset manager, Ancora, is challenging Nippon Steel's proposed takeover of U.S. Steel, calling for new leadership at the steelmaker after acquiring a small stake in the company. U.S. Steel is one of ...
gematsu
10d
Nippon Ichi Software president Tetsuhisa Seko dies at age 54
Nippon Ichi Software president Tetsuhisa Seko has passed away at the age of 54, the company announced. Seko joined Nippon ...
3d
Nippon Steel launches $456 mln bid to acquire Sanyo Special Steel
Nippon Steel will launch a $456 million tender offer to make Sanyo Special Steel a wholly owned unit, Japan's biggest steelmaker said on Friday.
AeroTime
7h
All Nippon Airways receives green light for takeover of Nippon Cargo Airlines
All Nippon Airways has received the regulatory green light for its proposed takeover of local rival Nippon Cargo Airlines.
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