Cleveland-Cliffs Signals a Possible New Bid for U.S. Steel
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Cleveland-Cliffs Signals a Possible New Bid for U.S. Steel

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines A possible new takeover bid for U.S. Steel emerged on Monday, teeing up more turmoil over the once-dominant company’s future after President Biden’s decision to block its acquisition by a Japanese company. Lourenco Goncalves, the chief executive of an American competitor, Cleveland-Cliffs, said…

U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders
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U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines For more than a year, U.S. Steel pursued an ambitious solution to its mounting challenges. Once a symbol of American industrial might, it had agreed to a takeover by Nippon Steel, a Japanese rival, in a bid to ward off obsolescence. Citing the…

U.S. Steel and Nippon Sue Biden Over Decision to Block Deal
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U.S. Steel and Nippon Sue Biden Over Decision to Block Deal

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines 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. The lawsuit,…