Biden blocks $14 billion acquisition of US Steel by Japan's Nippon Steel
Opinion
Editorial: Blocking Nippon deal is a death sentence for Pittsburgh steel
President Joe Biden's decision to block Nippon Steel's acquisition of U.S. Steel will go down as one of the worst of his presidency, and will tarnish the legacy of a man who set out to strengthen American relations with other nations and to be the most pro-worker president in modern American history.
Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
Why Japan Won’t Stop Trying to Invest in the U.S.
Japanese companies needing to grow have sought out American deals. Experts say that will not change even after Biden’s rejection of Nippon Steel’s takeover attempt.
Biden blocks Pittsburgh company U.S. Steel being sold to Japan
President Biden announced on Friday that he is blocking the sale of U.S. Steel, a Pittsburgh, PA company, from being sold to Japan.
Biden rejects Nippon Steel’s bid to acquire US Steel. Granite City furnace remains idled.
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel.
Japan's Nippon Steel offers governmental veto power for U.S. Steel production
Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U.S. Steel if the federal government approves a proposed merger.
CBS News5d
Biden's rejection of U.S. Steel-Nippon Steel deal may spell demise of steelmaking in Mon Valley, officials say
And while Nippon promised to keep the headquarters in Downtown Pittsburgh and not shut down ... including government officials from Japan and allies and partners in the U.S., to take all ...
Biden’s decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers
By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead.
Biden blocks Nippon Steel’s proposed deal to acquire US Steel
President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the
Japanese company cannot buy US Steel: Biden rejects Nippon‘s $15 billion deal
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his vow in March to block the acquisition.
Japan’s Nippon Steel offers governmental veto power for U.S. Steel production
Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U.S. Steel if the federal government approves a proposed merger.
Biden blocks takeover of U.S. Steel by Japan's Nippon Steel
WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden blocked Nippon Steel's proposed $14.9 billion purchase of U.S. Steel on Friday, citing national security concerns, dealing a potentially fatal blow to the contentious plan after a year of review.
Seattle Daily Journal of Commerce3d
Biden blocks Nippon Steel's deal to acquire US Steel
President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the presidential campaign trail to prevent the acquisition of Steeltown USA's most storied steel company.