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
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, 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.
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,
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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 ...
U.S. Steel Stock Rises as Earnings Top Estimates. Its Fate Is Still Unknown.
U.S. Steel’s fourth-quarter number and guidance aren’t all that impressive. It doesn’t matter. U.S. Steel has become a hot ...
Materials go back and forth across U.S.-Canada border in steel production process
The Canadian steel industry would take a big hit if 25 per cent blanket tariffs are imposed by U.S. President Donald Trump in ...
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 ...
Tariffs Give U.S. Steelmakers a Green Light to Lift Prices
Manufacturers anticipate higher costs for steel and aluminum would arise from Trump administration tariffs.
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 ...
Local steel manufacturer already seeing U.S. contracts cancelled in wake of tariffs
Speaking on Metro Morning, the manager of Toronto’s Conquest Steel says local manufacturers need government support to ...
'America First': Largest steel producer in US announces support of Trump tariffs
Nucor Corp., the largest steel producer in the United States, endorsed President Donald Trump's tariffs, celebrating them as ...
Ancora nominates nine candidates to U.S. Steel board, pushes to end Nippon deal
Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors, as it looks to oust company CEO ...