Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive
Nippon Steel and U.S. Steel are unlikely to convince a court to scrap President Joe Biden's decision to block their $14.9 billion merger, but their lawsuit could give them more time to reach a deal with incoming President Donald Trump.
Even as Nippon Steel faced skepticism of its doomed $14.9 billion bid for U.S. Steel from the Biden administration, it was ...
11hon MSN
President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US ...
The Committee on Foreign Investment in the United States (CFIUS) spent months reviewing the deal for national security risks but referred the decision to Biden in December, after failing to reach ...
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 ...
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