US Steel and Nippon sue Biden administration, Steelworkers union and Cleveland-Cliffs over their blocked merger
US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US government Monday, claiming Biden’s executive order to bar the companies from combining was signed for “purely political reasons.
U.S. Steel and Nippon Sue Biden Over Decision to Block Merger
U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis that the transaction posed a threat to national security.
US Steel and Nippon Steel sue Biden administration over blocked merger
U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a merger between the two companies. A proposed acquisition of the second-largest domestic steel producer by Nippon for nearly $15 billion would threaten U.S. national security, the Biden administration said.
Nippon Steel Stands Firm on a US Steel Takeover and Denies Risks Cited by Biden
Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion acquisition of U.S. Steel
Nippon Steel and U.S. Steel file lawsuits over handling of blocked deal
Separate lawsuits from Nippon Steel and U.S. Steel target President Joe Biden as well as a steelworkers union head and a rival steelmaker’s CEO.
US Steel, Nippon Sue Biden for Blocking $15 Billion Deal
President Biden blocked the deal between Nippon and U.S. Steel earlier this month due to "national security" concerns.
U.S. Steel, Nippon allege Biden violated constitution in lawsuit over blocked deal
The U.S. Congress was set to meet in snow-covered Washington to formally certify Donald Trump's election as president on Monday, four years after a mob of his supporters stormed the Capitol in a failed bid to block the certification of his 2020 loss.
First Merger Monday of the Year Features Mayo, Disney’s Hulu and More
It’s Liana Baker in New York. In today’s newsletter, we wrap up the first merger Monday of 2025 with a spate of deals in the ...
Getty Images, Shutterstock gear up for AI challenge with $3.7 billion merger
Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared ...
Disney’s Hulu + Live TV, Fubo Merger Surprised Wall Street and Could Lead to More Deals
The launch of sports streamer Venu, "and potentially new packages from Fubo, appears to be an important strategic lever to ...
Getty Images, Shutterstock Stocks Jump on Merger Deal
Shares in Getty Images and Shutterstock surged after the image companies agreed to merge, creating a group worth about $3.7 ...
Small Merger Deals Need a Clear Exit Strategy in a Hazy Tax Year
Embarc Advisors’ Justin DePardo offers tips for selling small businesses in 2025, noting that understanding a company’s ...
Getty Images Plans $3.7B Merger With Rival Shutterstock
The giant commercial photo and video providers are grappling with the emergence of artificial intelligence tools that have ...
American Banker1h
Depositor-owned banks' merger extends Boston consolidation streak
Reading Cooperative's combination with Wakefield Cooperative, the third deal involving Boston-area banks announced in the past month, would create a $1.2 billion community bank.
Getty Images and Shutterstock announce merger
Getty images and Shutterstock have agreed to merge in a £3.7bn deal, geared to monopolise the stock image market ...
The Chronicle of Philanthropy4d
Can a Merger Expand Your Impact? 5 Lessons From Leaders Who Did It
Two leaders explain why their nonprofits joined together after the pandemic — and what they learned that can help other ...
Paramount, Skydance Fire Back at Critics of Pending Merger
Paramount Global and Skydance Media responded to critics of their pending merger, saying in a regulatory filing that they ...