M&A News: Nippon Steel and U.S. Steel (NYSE:X) File Opening Brief to Save Merger
Nippon Steel (JP:5401) and U.S. Steel (X) are trying to save their $14.9 billion merger deal by filing an opening brief in the U.S. Court of
Nippon, US Steel Blame Politics for Biden’s Blocking of Merger
Nippon Steel Corp. and United States Steel Corp. blamed politics and a failed review process for former President Joe Biden’s decision to block their planned $14.1 billion merger, according to a court filing.
U.S. Steel, Nippon argue in court for new federal merger review
U.S. Steel and Nippon Steel laid out their case Monday that then-President Joe Biden hamstrung a national security review to justify blocking the companies’ merger. An opening brief filed in the U.S.
Nippon Steel, US Steel File Appeal To Invalidate Blocking Of $14.9 Bln Merger
Nippon Steel Corp. (NISTY.PK), and United Steel Corp. (X), Monday jointly filed an opening brief against the action of former
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 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 steelmaker said on Friday. Nippon Steel will offer 2,750 yen ($17.78) a share, or a 37% premium over Sanyo Special Steel's closing price on Friday,
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.
Nippon Steel, US Steel file opening brief in lawsuit to salvage deal
Nippon Steel (OTCPK:NPSCY) and US Steel (NYSE:X) jointly filed an opening brief to try to save their more than $14.9 billion deal. The brief, filed in the U.S. Court of Appeals for the District of Columbia Circuit,
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 ...
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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 ...
The Associated Press on MSN6d
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 ...
Ancora Nominates Nine Candidates to U.S. Steel Board, Pushes to End Nippon Deal
(Reuters) -Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors, as it looks to oust ...
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.
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 ...
US Steel Flags Trump DEI Order as Risk Factor for Investors
United States Steel Corp. on Friday told shareholders that President Donald Trump’s directive scrutinizing corporate ...
US Steel now all about striking while iron is hot
The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 ...