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 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.
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 billion sale to Nippon Steel (OTCPK:NPSCY) last week. Although Cleveland-Cliffs (CLF) is still interested in a deal for US Steel (NYSE:X),
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
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 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,
Trump might still have sway in U.S. Steel-Nippon deal
President-elect Donald Trump’s comments Tuesday, touting a United Arab Emirates company’s planned $20 billion investment in U ...
Nippon Steel’s doomed $15B deal with Biden administration had unlikely opposition – a rival CEO: bombshell docs
Cliffs, which made a failed $7 billion bid for US Steel in August 2023, participated in at least nine calls assuring ...
Nippon Steel and U.S. Steel file lawsuits over handling of blocked deal
Separate lawsuits from Nippon Steel and U.S. Steel target President Joe Biden as well as a steelworkers union head and a ...
Mitch McConnell blasts Biden decision to block U.S. Steel-Nippon deal
By blocking the sale of U.S. Steel to Nippon Steel, President Joe Biden sold out American industry, workers and national ...
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 ...
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 ...
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 ...
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US Steel Stock Jumps After Lawsuit Over Biden’s Nippon Steel Deal Block: Retail Torn Between Business Confidence, National Security
U.S. Steel Corp. (X) shares climbed over 3% on Tuesday morning after the company, alongside Japan's Nippon Steel, filed ...
Nippon Steel Stands Firm on a US Steel Takeover and Denies Risks Cited by Biden
Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion ...