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.

BING NEWS:
  • Biden blocks Japan's Nippon Steel from acquiring U.S. Steel
    The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of "political corruption." ...
    01/3/2025 - 9:23 am | View Link
  • U.S. Steel faces murky future after Biden blocks proposed takeover by Nippon Steel
    The Biden administration blocked the purchase of U.S. Steel by Japan's Nippon Steel. Here's what that could mean for the once iconic American company.
    01/3/2025 - 9:12 am | View Link
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