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U.S. Steel, Cleveland-Cliffs
US Steel falls as Cliffs CEO hints that US Steel deal may not be best outcome
US Steel (NYSE:X) dropped 1.7% at least party as Cleveland-Cliffs (CLF) CEO Lourenco Goncalves appeared to be less interested in a US Steel (NYSE:X) deal after saying for months that he would be around if the Nippon Steel (OTCPK:NPSCY) deal fell apart.
CEO of Cleveland-Cliffs fires back at Nippon, U.S. Steel over 'baseless' lawsuits
The CEO of Cleveland-Cliffs Inc. (NYSE: CLF) is not holding back in his assessment of lawsuits filed by Nippon Steel and U.S. Steel Corp. that are aimed at salvaging a deal that has been blown up by President Joe Biden and, more broadly, political opposition.
Cleveland-Cliffs currently on the sidelines over U.S. Steel, Semafor says
Cleveland-Cliffs (CLF) continues to be interested in purchasing some or all of U.S. Steel (X), though the bidding war it started has now driven
Cleveland-Cliffs CEO responds to U.S. Steel lawsuit, says failed acquisition was ‘self-inflicted disaster’
Cleveland-Cliffs CEO Lourenco Goncalves's comments come after President Biden rejected the merger between U.S. Steel and Nippon Steel.
U.S. Steel sues Biden and rival Cleveland-Cliffs over blocked merger
Nippon Steel and U.S. Steel this morning sued the Biden administration for blocking their proposed tie-up, as expected. Driving the news: They also filed a RICO complaint against rival Cleveland-Cliffs,
Cleveland-Cliffs calls U.S. Steel and Nippon Steel lawsuits ‘desperate’
Cleveland-Cliffs (CLF) provided a statement regarding the recent developments related to the United States Government decision to prohibit the
Cleveland-Cliffs says it's being scapegoated after lawsuit alleges 'merge-or-murder campaign' against U.S. Steel
Cleveland-Cliffs says it's being scapegoated for the president's decision to block Nippon Steel's $14.9 billion acquisition of U.S. Steel after a lawsuit alleges it's waging an ongoing campaign to try to buy the Pittsburgh-based steelmaker "under distressed circumstances,
2d
on MSN
Cleveland-Cliffs still interested in buying all, parts of US Steel - Semafor
Cleveland-Cliffs (CLF) still wants to purchase all or parts of US Steel (NYSE:X) after President Joe Biden blocked its $14 ...
2d
Rival Cleveland-Cliffs staying on the sidelines at US Steel, for now
CEO Lourenco Goncalves’ past interest in a deal is boosting US Steel’s stock price — but making it too expensive for him to ...
New York Sun
1d
Future of a Steel Titan in Limbo After Biden Blocks Sale to Japanese Firm
Mr. Biden says he blocked the $14 billion takeover of U.S. Steel by Japan's Nippon Steel on the grounds the sale was a threat ...
2d
on MSN
With U.S. Steel Decision, Biden Turned His Back on Opposing Monopolies
Blocking Nippon Steel from acquiring U.S. Steel lays the groundwork for a major consolidation of American steelmaking that ...
1d
US Steel spat strengthens case for deal guardrails
A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...
The Economist
21h
What next for US Steel?
Overturning Mr Biden’s decision in court will be tough. Judges give wide latitude to the executive on matters of national ...
3d
on MSN
US Steel, Nippon Steel Sue US Government Over Blocked $14.1B Deal
U.S. Steel and Nippon Steel said Monday they are suing the U.S. government over President Joe Biden’s blocking last week of ...
Business Wire
3d
Nippon Steel and U. S. Steel File Multiple Lawsuits in Response to Wrongful Interference with the Proposed Acquisition of U. S. Steel
Second lawsuit filed in U.S. District Court for the Western District of Pennsylvania against Cleveland-Cliffs, Cliffs’ CEO ...
2d
on MSN
Nippon Steel and US Steel rival denies bombshell lawsuit claims: 'We are armored through the teeth'
The CEO of Cleveland-Cliffs – a Nippon and U.S. Steel competitor – argues suing his company and the Biden administration is ...
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