Blocking the U.S. Steel Sale Is a Perfectly Disgraceful End to Biden's Political Career
The decision to block U.S. Steel's acquisition by Nippon Steel is the perfect coda to President Joe Biden's political career. By intervening in the private business affairs of the two companies, Biden is demonstrating once again his expansive view of executive power,
Steel companies ‘dismayed’ by Biden’s decision to block deal, calling it ‘political’
Biden said in an order that he believes there is credible evidence that through the proposed acquisition of the United States Steel Corporation, Nippon Steel Corporation might take action that could impair the national security of the United States.
President Biden blocks sale of US Steel to Japanese company
In blocking the sale to Nippon Steel, Biden said U.S. Steel "will remain a proud American company – one that’s American-owned and American-operated."
Biden Rejects Nippon Steel's Proposed Deal to Acquire US Steel
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel
Companies signal court fight ahead after Biden blocks U.S. Steel sale
The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in doubt.
Biden Plans to Block U.S. Steel Sale to Nippon Steel After Long Fight
The embattled $14.9 billion bid will likely be scrapped if the President declines to approve Nippon Steel's merger plan, administration officials said.
What’s Next for US Steel After Biden Blocks Japanese Takeover
President Joe Biden blocked Nippon Steel Corp.’s $14.1 billion deal to buy United States Steel Corp., ending a saga that sparked a political firestorm amid a grueling presidential election and tensions between long-time diplomatic allies Japan and the US.
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Joe Biden 'Sacrificed' US Workers for Own Political Agenda—Nippon Steel
Nippon Steel, the company President Joe Biden reportedly blocked from buying United States Steel Friday, said it was "dismayed" by a decision that "sacrificed the future of American steelworkers." In ...