Comment on U.S. Steel, Nippon Steel face 'uphill climb' challenging Biden's ruling

U.S. Steel, Nippon Steel face 'uphill climb' challenging Biden's ruling

United States Steel Corp. CEO David Burritt had strong words for President Biden's decision to block the $14.9 billion acquisition by Nippon Steel, saying the company planned to fight the killing of the deal. But one veteran corporate M&A expert said it would be a difficult task.

 

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