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Activist investor Ancora suspends proxy battle with U.S. Steel, citing growing expectations of Trump administration approval ...
During the presidential campaign, both Mr. Trump and Biden vowed to block the deal. But the president said in February that Nippon Steel would drop its bid to acquire U.S. Steel and instead "invest ...
Activist shareholder Ancora shifts stance on U.S. Steel lawsuit, outlines alternative strategy if Nippon Steel deal fails.
Nippon Steel made a nearly $15 billion offer to buy U.S. Steel in 2023, giving rise to a political issue in the 2024 presidential election as the fate of the Pittsburgh steelmaker potentially carried ...
CONFUSED. RIGHT NOW, THE NEW DEAL, WHERE NIPPON HEAVILY INVESTS IN U.S. STEEL INSTEAD OF BUYING IT, HASN’T BEEN CONFIRMED BY EITHER SIDE. PRESIDENT TRUMP MAKING THE SUGGESTION ON FRIDAY DURING A ...
Clairton Mayor Richard Lattanzi says President Trump ordering a review of the merger is a win for the Mon Valley and the ...
Shares of United States Steel Corp. fell Wednesday when President Donald Trump renewed his opposition to the sale of the ...
Pittsburgh-based U.S. Steel and Nippon Steel, the largest steelmaker in Japan, had filed lawsuits challenging the presidential block, alleging it was politically motivated and aided by rival ...
In January, former President Joe Biden blocked the proposed $14.9 billion acquisition of Pittsburgh-based U.S. Steel by ...