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U.S. Steel Sues Biden Administration For Blocking Nippon Steel Merger
Posted
January 6, 2025
Views
6,714
Likes
125
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37
Engagement
2.41%
January 6, 2025
6,714
125
37
2.41%
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1:49Now PlayingU.S. Steel and Japan’s Nippon Steel have filed a federal lawsuit challenging President Joe Biden’s decision last week to block a $14.9 billion merger between the two, the companies announced on Monday, in a last-ditch effort to save a deal that has faced political opposition both from top Democrats and Republicans, including President-elect Donald Trump.
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