Biden blocks sale of U.S. Steel to Japan's Nippon Steel

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  Biden Blocks Sale of U.S. Steel to Nippon Steel

  The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership from political leaders and the United Steelworkers union.
  
  The Wall Street Journal - 2d

• Biden blocks U.S. Steel takeover by Japan's Nippon Steel, citing national security

  U.S. Steel's stock opened down more than 7% in trading Friday following the president's announcement.
  
  CNBC - 2d
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  Biden Plans to Block U.S. Steel Sale to Nippon Steel After Long Fight

  The embattled $14.9 billion bid will likely be scrapped if the President declines to approve Nippon Steel’s merger plan, administration officials said.
  
  Inc. - 2d
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  Biden blocks Japan's Nippon Steel from buying US Steel

  Biden decided to scrap the deal despite concerns that it could damage Washington's relations with Tokyo.
  
  BBC News - 2d
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  US Steel acquisition by Japan’s Nippon blocked

  Domestic steel production is essential to U.S. security, Biden said.
  
  ABC News - 2d

• Why Biden blocked the U.S. Steel deal with Japan's Nippon Steel

  President Biden has blocked a deal between U.S. Steel and Japan's Nippon Steel that could impact the relationship with the American ally and have global economic repercussions. CBS News' Nicole ...
  
  CBS News - 2d
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  Biden blocks Japan's Nippon Steel from $15 billion takeover of U.S. Steel

  President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S.
  
  NBC News - 2d
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  Biden says he will block US Steel sale to Nippon Steel

  President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...
  
  The Hill - 2d
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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.
  
  The New York Times - 3d

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