An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...

Ohio-based Ancora Holdings Group is suggesting former Stelco Holdings Inc. CEO Alan Kestenbaum replace U.S. Steel’s CEO, ...

"For my home state, this abrupt action has sowed a lot of anxiety, particularly in the Gary, Indiana area where there's ...

The suit quotes Goncalves as repeatedly assuring investors that the Nippon Steel bid for U.S. Steel was doomed. “CFIUS is just cover for a president to kill a deal,” he said, the companies ...

After CFIUS takes another look at it, it could still be up to Trump to decide. “Now how he comes down on it, who knows?” ...

However, CFIUS failed to reach a consensus, so the deal was sent to Biden, who blocked it on Friday, citing national security concerns. The steelmakers filed their lawsuit on Monday. Nippon Steel ...

President Joe Biden on Friday blocked Japanese steel giant Nippon's $14 billion acquisition of U.S. Steel. The companies have ...

"Other than that, CFIUS did analyze the specifics, as it always does of this situation, and prepared a thorough analysis to go to the president." U.S. Steel and Nippon Steel alleged in a lawsuit ...

We believe he blocked our deal over electoral politics, not security.