New York, Jan 6, 2025 (AFP) - Nippon Steel, US Steel file suit against Biden's merger block

NAMPA / AFP

2025-01-06

Nippon Steel and US Steel filed suit Monday over President Joe Biden's decision to block the Japanese giant's proposed acquisition of its American rival, accusing his administration of "illegal interference" in the huge transaction. The companies said in a statement that they initiated the legal action in the US court of appeals in Washington challenging the review process for the acquisition, claiming Biden, who is leaving office on January 20,......

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