By Finance Pulse in Biden —

U.S. Steel Sues Biden Over Blocked $14.9B Nippon Steel Buyout

U.S. Steel has filed a lawsuit against President Biden following the administration's intervention in a $14.9 billion buyout attempt by Nippon Steel, sparking significant legal and financial implications.

An artistic depiction showing a steel gavel with the U.S. Steel and Nippon Steel logos on either sid
U.S. Steel Sues Biden Over Blocked $14.9B Nippon Steel Buyout

U.S. Steel is involved in a lawsuit against President Biden over a blocked $14.9 billion buyout by Nippon Steel.

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