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Steel Industry Showdown: National Security Blocks Billion-Dollar Merger
A Controversial Steel Deal Halted The U.S. government has stopped a significant business deal involving Japan’s Nippon Steel ...
Mon Valley leaders, steelworkers 'extremely disappointed' with Biden decision to block Nippon Steel-U.S. Steel deal
Following President Joe Biden's blocking of the sale of United States Steel Corp. to Nippon Steel Corp., several mayors and ...
Biden to announce decision on U.S. Steel acquisition as early as Friday
President Biden is likely to announce a decision as soon as Friday on whether he will approve Nippon Steel's $14.9 billion ...
What does blockage of steel deal mean for U.S. Steel facility in Jefferson County?
President Joe Biden rejected the deal between U.S. Steel and Japan's Nippon Steel. The $14 billion acquisition was opposed by ...
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 rejects U.S. Steel-Nippon Steel deal
A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel, leaving the decision to the president.
Indiana Lawyer5d
Gary’s Eddie Melton one of 20 mayors to sign letter of support for U.S. Steel acquisition
Earlier this month, the Japanese steelmaker said it would invest $1 billion in U.S. Steel’s Gary Works if the acquisition ...
Nippon Steel offers US government veto power in bid for US Steel approval, source says
Japan's Nippon Steel has proposed giving the U.S. government veto power over any potential cuts to U.S. Steel's production ...