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Nippon, US steel sue to save merger
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.
Getty Images To Merge With Shutterstock For 3 Big Reasons
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 for the artificial intelligence era, in a deal that would likely draw antitrust scrutiny.
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 billion including debt. Getty stock stood about 49% higher in recent premarket trading.
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 flooded the internet with AI-created images.
20h
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 ...
44m
on MSN
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 ...
1h
on MSN
O’Leary: Trump US-Canada merger an interesting concept
Shark Tank” star Kevin O’Leary said Monday that the concept of the U.S. and Canada merging into one country is “very ...
6h
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 ...
19h
Fubo and Hulu+LiveTV Merger: A Hold Rating Amid Uncertain Subscriber Growth and Financial Impact
In a report released today, Darren Aftahi from Roth MKM reiterated a Hold rating on fuboTV (FUBO – Research Report), with a price target of ...
1d
Disney, Fubo reach merger agreement
Disney and Fubo have reached an agreement to merge, the companies announced Monday, signaling a victory for the entertainment ...
3d
on MSN
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 ...
5d
on MSN
Honda CEO's surprising confession about Nissan merger
Honda’s CEO struggles to explain why the merger is happening, analysts remain skeptical, and Foxconn waits in the wings.
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