U.S. Steel, Nippon Steel File 2 Lawsuits after Biden Blocks $14.9 Billion Deal

Jan 6 (Reuters) – U.S. Steel X.N and Nippon Steel 5401.T said on Monday they had filed two lawsuits after U.S. President Joe Biden blocked the $14.9 billion buyout of the American steelmaker by the Japanese company.

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U.S. Steel, Nippon Steel File 2 Lawsuits after Biden Blocks $14.9 Billion Deal

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