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Nippon, US Steel File Suit
U.S. Steel, Nippon allege Biden violated constitution in lawsuit over blocked deal
U.S. President Joe Biden violated the Constitution by blocking Nippon Steel's $14.9 billion bid for U.S. Steel through a sham national security review, the companies alleged in a lawsuit they said was filed on Monday.
Nippon and U.S. Steel filed a lawsuit after the Biden administration blocked a $15 billion deal
The suit, filed Monday in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision and violated the companies' due process.
Nippon Steel and U.S. Steel file lawsuits over handling of blocked deal
Nippon Steel and U.S. Steel sued President Joe Biden on Monday over his decision to bar them from joining forces, alleging that he had violated their constitutional rights to due process in a corrupt bid to obtain political support for his reelection campaign.
2d
on MSN
Blocking the U.S. Steel Sale Is a Perfectly Disgraceful End to Biden's Political Career
The decision to block U.S. Steel's acquisition by Nippon Steel is the perfect coda to President Joe Biden's political career.
3d
on MSN
Biden to announce decision on U.S. Steel acquisition as early as Friday
President Biden is likely to announce a decision as soon as Friday on whether he will approve Nippon Steel's $14.9 billion ...
1h
Nippon Steel and US Steel file suit against Biden's merger block
The companies filed lawsuits accusing Joe Biden's administration of 'illegal interference' in the transaction worth $14.9 ...
1h
on MSN
US Steel CEO: Government failed our country after Nippon Steel deal axed
The CEO of U.S. Steel scolded President Biden for blocking the $14 billion acquisition of U.S. Steel by Japan-based firm ...
Opinion
2d
Opinion
U.S. Steel and the Corruption of Cfius
Biden blocks Nippon Steel’s investment bid in an act of American economic masochism.
5d
CFIUS Review of Acquisitions and Investments
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 ...
KSTP-TV
2d
Biden rejects proposal that would allow Japanese company to buy U.S. Steel
U.S. Steel employs thousands of workers on Minnesota's Iron Range at Minntac in Mountain Iron and Keetac in Keewatin.
2d
on MSN
Biden Blocks $15B Japan Takeover of US Steel, Cites Security Risk
President Biden's executive order blocking a near-$15 billion acquisition of U.S. Steel requires the abandonment of the ...
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Nippon Steel
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