US Steel, Nippon Say Election Politics Blocked $14.9B Deal
By Jade Martinez-Pogue ( February 3, 2025, 2:54 PM EST) -- Japan's Nippon Steel Corp. and U.S. Steel Corp. on Monday filed their opening brief in a suit against former President Joe Biden and the Committee on Foreign Investment in the United States over a blocked $14.9 billion mega-merger, alleging the deal was blocked purely due to election-year politics and not national security as claimed....
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