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Steel, Trump
US Steel bid matches Trump goals, Nippon Steel says, no certainty deal will close
Nippon Steel, Japan's biggest steelmaker, said on Thursday its proposed acquisition of U.S. Steel fits with President Donald Trump's goal of a stronger United States as the leaders of the two allies prepared to meet.
X Stock Jumps on Hopes Trump Will Save the U.S. Steel Deal with Nippon Steel
U.S. Steel (X) stock jumped today as investors regained hope of a deal between the company and Nippon Steel (NISTF). Nippon Steel wants to
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, 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
US Steel's merger with Nippon Steel challenged by activist investor
Activist investor Ancora Holdings Group has launched a proxy battle against US Steel. The firm has nominated nine candidates for US Steel's board, including Alan Kestenbaum, former CEO of Stelco Holdings Inc. Ancora is also pushing for Kestenbaum to replace US Steel's current CEO David Burritt.
Global Expansion Clashes with Politics: Nippon Steel's Bid for U.S. Steel
Nippon Steel's acquisition of U.S. Steel faces obstacles due to political dynamics and national security concerns, as its bid aligns with Trump's economic goals but was blocked by Biden. The deal's future remains uncertain with legal challenges and political negotiations ongoing amid global expansion plans.
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 merger and gave the companies no chance for feedback on a “sham” national security review before he blocked the deal.
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.
1d
Trump Should Correct Biden’s Mistake And Approve U.S. Steel Merger
Allowing the merger to proceed would help both companies, bolster our relationship with an important ally, and strengthen the ...
The Daily Signal
3h
Ancora Wants to Make US Steel Great Again
Investment firm Ancora is planning to oust CEO David Burritt by nominating and electing nine new directors to U.S. Steel's 12 ...
1d
Steelworkers chief, Cleveland-Cliffs seek dismissal of lawsuit over U.S. Steel merger opposition
USW and Cleveland-Cliffs seek dismissal of U.S. Steel lawsuit, citing free speech in opposing Nippon Steel merger on national ...
New York Sun
1d
Trump Has Big Plans for United States Steel After Industrial Icon Avoided Acquisition by Japanese Rival
PITTSBURGH — The investment firm Ancora is pushing United States Steel shareholders to drop the Nippon Steel merger and oust ...
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