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U.S. Steel, Joe Biden and Granite City
Granite City Mayor doesn't see Biden's decision to block US Steel purchase deal to Nippon as political
Japan-based Nippon Steel is suing the U.S. Government over President Joe Biden blocking their purchase of U.S. Steel, calling the move, “political.”
Biden’s decision to block U.S. Steel sale leaves many questions in Granite City
Why don’t you tell the American citizens — and the people of Granite City — what you’re going to do with our plant?” Granite City Mayor Mike Parkinson asks of U.S. Steel.
Biden’s decision to block Nippon Steel takeover creates uncertainty for US Steel workers
In a joint statement, Nippon and U.S. Steel called Biden’s decision “a clear violation of due process and the law’’ and suggested they would sue to salvage their deal: “We are left with no choice but to take all appropriate action to protect our legal rights.’’
3d
U.S. Steel, Nippon Steel file lawsuits to keep $14.9B deal alive
There are two separate lawsuits, including one against rival Cleveland-Cliffs and the president of United Steelworkers.
Benzinga.com
9d
Nippon Steel Proposes Biden Government Veto Over US Steel's Production Output In Bid To Secure Acquisition
The move seeks to address concerns raised by the Committee on Foreign Investment in the
United States
about potential risks ...
9d
on MSN
Japanese buyer sends Biden new U.S. Steel proposal in final bid for support
Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction ...
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