The agreement ends litigation between the two companies over plans for a sports streaming service, but consumer advocates are pushing back.
Category: Mergers, Acquisitions and Divestitures
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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.
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Despite Blocked US Steel Bid, Japan Won’t Stop Seeking American Deals
Japanese companies needing to grow have sought out American deals. Experts say that will not change even after Biden’s rejection of Nippon Steel’s takeover attempt.
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The Fallout from U.S. Steel
Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it. Litigation and diplomatic turmoil could follow.
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Biden Plans to Block Takeover Bid of U.S. Steel by Japan’s Nippon
The president’s announcement of the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year, is expected as soon as Friday.
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Why Mergers of Carmakers Like Honda and Nissan Often Falter
The Japanese companies are considering joining forces to survive in a rapidly changing auto industry, but auto history is filled with troubled and failed marriages.
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National Security Committee Forgoes Decision on U.S. Steel Acquisition
The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to President Biden, who is expected to block the deal.
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Nordstrom to Be Taken Private By Founding Family and El Puerto de Liverpool
The business will be acquired by members of the family and El Puerto de Liverpool, a Mexican real estate and department store company that has owned a stake in Nordstrom since 2022.
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Deal Makers See a Rebound in 2025 as Trump Returns to Power
It was another down year for mergers and acquisitions, but Wall Street is optimistic that the lengthy lull is coming to an end.
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Honda and Nissan Unveil Merger Talks as Global Competition Bears Down
Japan’s second- and third-largest automakers hope the deal can help them catch up with Tesla and China’s BYD in electric vehicles and advanced software.
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Google Proposes Fix to Solve Search Monopoly
The search giant’s proposals included allowing flexibility for companies and consumers in choosing a search engine.
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A 7-Eleven Heir’s $50 Billion Fight to Keep the Company in the Family
A battle for control of the chain shows how traditional business models embraced by family owners are clashing with a more shareholder-centric approach.