Steel, Biden

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 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, 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, 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
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 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 appeal against Biden ruling starts Monday
Nippon Steel and US Steel's court appeal starts on Monday, with the companies seeking to overturn a ruling that blocks their merger plan. Amid the legal fight, poor earnings at US Steel indicate the company is struggling.
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 ...
RealClearMarkets4d
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 ...
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 ...
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 ...
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 ...
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 ...
U.S. Steel Tempers Profit Outlook on Steel-Market Doldrums
U.S. Steel is fighting in court to save its sale to Tokyo-based Nippon Steel, while dealing with an activist investor aiming to replace its CEO. And on Thursday, it forecast profits continuing to ...
Newsable Asianet News on MSN4d
US Steel Stock Steady Ahead Of Q4 Earnings As Investors Watch For Acquisition Updates: Retail Sentiment Divided
Shares of U.S. Steel Corp. (X) held steady with gains of nearly 0.5% in morning trade on Thursday as investors keep their ...