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US Steel drops

Trump: Nippon will 'heavily' invest in US Steel, drops acquisition plans

Trump said the company agreed to invest heavily instead of owning U.S. Steel. According to the president, he will mediate and arbitrate a meeting with Nippon next week. President Joe Biden, before leaving office last month, blocked the purchase, citing national security concerns.

CBS News on MSN · 13h

Trump considering allowing sale of U.S. Steel to Nippon Steel

President Trump is considering allowing Japan's Nippon Steel to complete its $14.1 billion acquisition of U.S. Steel, according to multiple sources. Approval of the transaction isn't definite, and Mr. Trump has not made a final decision, sources say.

The Associated Press - Busines… · 14h

Trump says US Steel will get investment from Nippon Steel, instead of being bought by it

President Donald Trump is suggesting that Nippon Steel will no longer buy U.S. Steel as planned, but the Japanese company will instead invest in the symbolically important American business.

U.S. Steel, Joe Biden

Forbes · 2d

Trump Should Correct Biden’s Mistake And Approve U.S. Steel Merger

Allowing the merger to proceed would help both companies, bolster our relationship with an important ally, and strengthen the U.S. economy.

Hosted on MSN · 4d

Nippon, US Steel Say Biden Blocked Merger Amid ‘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.

Reuters on MSN · 12h

Nippon steel has not axed its bid for U.S. Steel, sources say

Nippon steel has not withdrawn its $14.9 billion bid to buy U.S. Steel, two people close to the deal said on Friday, after President Donald Trump said earlier the Japanese steelmaker would "invest" in US Steel but not buy it.

12hon MSN

Can the US Steel-Nippon Steel merger come back to life?

If you thought Nippon Steel's bid to acquire U.S. Steel was dead in the water, think again. The merger was blocked by ...

Opinion

Williamsport Sun-Gazette2hOpinion

Making US Steel great again

The investment firm Ancora is pushing U.S. Steel shareholders to drop the Nippon Steel merger and oust CEO David Burritt, a move that would align with President Donald Trump’s insistence that U.S.

15h

President Trump Considers Allowing Nippon Steel to Acquire U.S. Steel (NYSE:X)

President Trump is considering allowing Japan’s Nippon Steel (JP:5401) to complete its $14.1 billion acquisition of steelmaker U.S. Steel (X), ...

1dOpinion

Biden’s block of U.S. Steel-Nippon merger shows dangerous executive overreach

President Biden’s decision to block the deal between U.S. Steel and Japanese-owned Nippon Steel is a clear illustration of ...

FOX 2 Detroit on MSN14h

Trump: US Steel will get investment from Nippon Steel, instead of being bought by it

Nippon Steel in December 2023 made what was a nearly $15 billion bid to buy U.S. Steel, creating a sudden political issue in ...

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 ...

Steelworkers chief, Cleveland-Cliffs seek dismissal of lawsuit over U.S. Steel merger opposition

USW and Cleveland-Cliffs seek dismissal of U.S. Steel lawsuit, citing free speech in opposing Nippon Steel merger on national ...

3dOpinion

Ancora Wants To Make US Steel Great Again

The investment firm Ancora is pushing U.S. Steel shareholders to drop the Nippon Steel merger and oust CEO David Burritt, a ...

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