Biden blocks Nippon Steel's proposed deal to acquire US Steel
President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the presidential campaign trail to prevent the acquisition of Steeltown USA’s most storied steel company.
Biden decides to block U.S. Steel sale to Japanese buyer
The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in doubt.
Biden to announce decision on Nippon Steel bid for US Steel as early as Friday, CBS News reports
U.S. President Joe Biden is likely to announce a decision as soon as Friday on whether he will approve Nippon Steel's acquisition of U.S. Steel, CBS News reported late on Thursday, citing people familiar with the process.
U.S. Steel faces murky future after proposed Nippon Steel takeover
The Biden administration blocked the purchase of U.S. Steel by Japan's Nippon Steel. Here's what that could mean for the once iconic American company.
Workers union, Pennsylvania mayor react to Biden’s block of Nippon Steel’s proposed deal on US Steel
President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel.
Biden blocks $14 billion acquisition of US Steel by Japan's Nippon Steel
Nippon Steel announced in December 2023 that it planned to buy the steel producer for $14.9 billion in cash and debt, and committed to keep the U.S. Steel name and Pittsburgh head
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