U.S. Steel and its would-be Japanese suitor filed twin lawsuits Monday to defend their $15 billion merger. President Biden issued an order on Friday to block the deal, citing national security concerns.
Nippon Steel
Posted inNPR
Biden blocks U.S. Steel’s sale to Nippon, citing national security concerns
The move wasn’t unexpected despite efforts by the Japanese government to persuade the Biden administration to approve the sale.
Posted inNPR
Biden is hosting Japan’s Kishida. But the Nippon Steel deal is not on the agenda
President BIden and Japanese Prime Minister Fumio Kishida Fumio announced efforts to strengthen military ties, as well as collaborations on space exploration and artificial intelligence.
