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
U.S. Steel CEO appeals to Trump after Biden blocks deal with Japanese firm
President-elect Trump has also opposed Nippon Steel's $15 billion acquisition of U.S. Steel, which President Biden blocked last week.
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.
Albertsons Profits Top Estimates in First Quarter Since End of Kroger Merger
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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 ...
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Have a Capital One Credit Card? The Discover Merger Could Change How You Pay
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Shares in Getty Images and Shutterstock Jump on Merger Deal
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Getty Images announces merger with rival content firm Shutterstock
Alternatively, Shutterstock shareholders can choose to receive a mix of cash and Getty shares. shareholders will own about ...
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 ...
O’Leary: Trump US-Canada merger an interesting concept
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A Getty and Shutterstock merger will create opportunities for both generative AI innovation and creator growth, the companies say
Getty says that the merger will allow for a larger investment in “innovative content creation,” including generative AI, ...
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Sanford Health, Marshfield Clinic finalize $10B health system merger
Sanford Health finalized its merger with Marshfield Clinic Health System, the health systems announced last week, and the ...