Nippon, US Steel Say Biden Blocked Merger Amid ‘Sham’ Review
Nippon Steel Corp. and United States Steel Corp. claimed former President Joe Biden unfairly prejudged their $14.1 billion merger and gave the companies no chance for feedback on a “sham” national security review before he blocked the deal.
M&A News: Nippon Steel and U.S. Steel (NYSE:X) File Opening Brief to Save Merger
Nippon Steel (JP:5401) and U.S. Steel (X) are trying to save their $14.9 billion merger deal by filing an opening brief in the U.S. Court of
Nippon Steel and U.S. Steel blast Biden's 'sham' merger block
Nippon Steel and United States Steel claimed former President Joe Biden unfairly prejudged their $14.1 billion merger and gave the companies no chance for feedback on a "sham” national security review before he blocked the deal.
U.S. Steel, Nippon argue in court for new federal merger review
U.S. Steel and Nippon Steel laid out their case Monday that then-President Joe Biden hamstrung a national security review to justify blocking the companies’ merger. An opening brief filed in the U.S.
Nippon Steel launches $456 million bid to acquire Sanyo Special Steel
Nippon Steel will launch a $456 million tender offer to make Sanyo Special Steel a wholly owned unit, Japan's biggest steelmaker said on Friday. Nippon Steel will offer 2,750 yen ($17.78) a share, or a 37% premium over Sanyo Special Steel's closing price on Friday,
Nippon Steel, U.S. Steel File Opening Brief Against Biden, Others Over Scuttled Deal
Nippon Steel and U.S. Steel jointly filed their opening brief in court against former President Biden and others to invalidate what they said were unlawful actions over the companies' proposed merger.
Nippon Steel, US Steel File Appeal To Invalidate Blocking Of $14.9 Bln Merger
Nippon Steel Corp. (NISTY.PK), and United Steel Corp. (X), Monday jointly filed an opening brief against the action of former
U.S. Steel and Nippon ask court to lift block of deal
Nippon Steel and U.S. Steel are asking a court to lift the block of their $14.9 billion merger. The steelmakers filed their opening brief in the U.S. Court of Appeals for the District of Columbia Circuit against former President Joe Biden and the Committee on Foreign Investment in the United States.
Nippon Steel, US Steel file opening brief in lawsuit to salvage deal
Nippon Steel (OTCPK:NPSCY) and US Steel (NYSE:X) jointly filed an opening brief to try to save their more than $14.9 billion deal. The brief, filed in the U.S. Court of Appeals for the District of Columbia Circuit,
Nippon Steel and U. S. Steel Request Court to Set Aside President Biden's Block of the Companies' Partnership
Nippon Steel Corporation ("Nippon Steel") (TSE: 5401), together with its wholly owned subsidiary Nippon Steel North America, Inc. ("NSNA"), and United States Steel Corporation ("U. S. Steel") (NYSE: X) (collectively,
Global Finance1d
Nippon Steel Still Wants To Acquire United States Steel
Adding to the drama, Ancora Holdings, a Cleveland-based asset manager, has acquired a stake in U.S. Steel and nominated a ...
RealClearMarkets5d
A Case For and Against Nippon's U.S. Steel Acquisition
President Joe Biden announced he was suspending the purchase of U.S. Steel by Japan’s Nippon Steel, citing the sale as a ...
Activist Investor Seeks to Oust U.S. Steel Chief Over Nippon Deal
The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the ...
U.S. Steel posts muted quarterly results amid Nippon deal snag
U.S. Steel reported fourth-quarter loss and revenue that matched Wall Street estimates on Thursday, dented by price declines ...
The Associated Press - Business News on MSN7d
New player arrives in US Steel-Nippon takeover saga with the goal of quashing it
An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...
Crain's Cleveland Business1d
Nippon, U.S. Steel say Biden blocked merger amid a 'sham' review
Nippon Steel Corp. and United States Steel Corp. claimed former President Joe Biden unfairly prejudged their $14.1 billion ...
U.S. Steel, Nippon Steel challenge Biden's veto in appeals court filing, claim politics trumped national security
United States Steel Corp. and Nippon Steel told an appeals court that then-President Joe Biden deprived them of their ...
Air Cargo News5d
Nippon Express adds Honda to Japanese SAF project
Nippon Express is continuing its efforts to promote sustainable aviation fuel (SAF) for a Japanese government project by ...