Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed ...
Williamsport Sun-Gazette2d
U.S. Steel alleges union corruption over blocked sale
U.S. Steel said Monday that union corruption toppled the company’s overseas buyout and pressured regulators to ignore the law in the organization’s favor. Lawsuits, filed respectively in the U.S.
President Biden blocks sale of US Steel to Japanese company
In blocking the sale to Nippon Steel, Biden said U.S. Steel "will remain a proud American company – one that’s American-owned ...
Stars and Stripes2d
US Steel CEO calls blocking of deal ‘shameful and corrupt’
MUNSTER, Ind. (Tribune News Service) — U.S. Steel CEO David Burritt called the Biden administration’s decision to block ...
USW Union Says Nippon Steel’s ‘Hail Mary’ Offer Lacks Commitment
The United Steelworkers union said Nippon Steel Corp.’s latest offer to win presidential approval of its proposed acquisition of US Steel Corp. is a long-shot attempt that fails to commit to ...
Marshall Independent2d
Nippon, US Steel file suit against Biden administration, union, and rival
Nippon Steel and U.S. Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon’s proposed $15 billion acquisition of the Pittsburgh company and said that the ...