mosaec

Activist Investor Seeks to Oust U.S. Steel Chief Over Nippon Deal

Ancora Holdings Group LLC Burritt, David B Cleveland-Cliffs Inc Goncalves, Lourenco Nippon Steel Corporation Shareholder Rights and Activism Steel and Iron Stelco Incorporated Suits and Litigation (Civil) United States Steel Corporation

Activist Investor Seeks to Oust U.S. Steel Chief Over Nippon Deal

The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the Biden administration.

By Lauren Hirsch

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

Biden, Joseph R Jr Cleveland-Cliffs Inc Committee on Foreign Investment in the United States (CFIUS) Factories and Manufacturing Foreign Investments Goncalves, Lourenco Labor and Jobs Mergers, Acquisitions and Divestitures Nippon Steel Corporation Nucor Corporation Organized Labor Steel and Iron Suits and Litigation (Civil) United States Politics and Government United States Steel Corporation United Steelworkers of America

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

The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse.

By Danielle Kaye and Lauren Hirsch

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

Biden, Joseph R Jr Cleveland-Cliffs Inc Committee on Foreign Investment in the United States (CFIUS) Foreign Investments Goncalves, Lourenco McCall, David Mergers, Acquisitions and Divestitures Nippon Steel Corporation Steel and Iron Suits and Litigation (Civil) United States Steel Corporation United Steelworkers of America

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

The companies argue in a lawsuit that the process of reviewing the transaction was corrupted by politics.

By Alan Rappeport