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Joe Biden, U.S. Steel

Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive

The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham national security review that deprived the companies of their right to a fair process.

Newsweek on MSN · 3d

US Steel, Nippon Sue Biden for Blocking $15 Billion Deal

President Biden blocked the deal between Nippon and U.S. Steel earlier this month due to "national security" concerns.

WHTM Harrisburg on MSN · 1d

Republicans outraged at Biden’s block of US Steel sale to Nippon; Gov. Shapiro opts not to comment

President Biden’s block of a $14 billion sale of Pittsburgh-based US Steel to Japan’s Nippon Steel has caused significant backlash from Republicans. “Joe Biden, frankly, I’m not sure he knows the difference between Japan and China,

2don MSN

Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden

Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said ...

3d

U.S. Steel and Nippon Steel sue Biden administration for blocking their $15 billion deal

The steel companies allege White House decision to block takeover was political and violated their right to due process.

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