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Biden blocks $15B Nippon-U.S. Steel deal; Gary mayor warns of possible job losses
Nippon Steel and U.S. Steel will sue after President Biden blocked their $15 billion merger, citing national security.Gary ...
Blocked U.S. Steel-Nippon deal raises risks for auto industry
Automakers' lobbying groups indicated support for the acquisition under the belief it would've increased supply and offered ...
Joe Biden Gives Donald Trump Gift Before Inauguration
Biden is set to announce that he'll block the takeover of U.S. Steel by Japan's Nippon Steel, thereby fulfilling one of Trump's pre-election promises.
CFIUS Review of Acquisitions and Investments
To protect national security, the Committee on Foreign Investment in the United States (CFIUS) may review transactions involving foreign investment in US businesses. Parties to potentially covered ...
Indiana Lawyer4d
Gary’s Eddie Melton one of 20 mayors to sign letter of support for U.S. Steel acquisition
Earlier this month, the Japanese steelmaker said it would invest $1 billion in U.S. Steel’s Gary Works if the acquisition ...