United States Steel Challenges Merger Block in Court
U.S. Stock Preview | The three major Equity Index futures show mixed performance, "Technology Spring Festival Gala" is heating up! Huang Renxun makes a spectacular appearance with multiple new products.
On January 7 (Tuesday) in Pre-Market Trading, the three major U.S. equity index futures showed mixed movements.
United States Steel (X.US) and Nippon Steel sue Biden, possibly seeking more time to negotiate with Trump.
United States Steel (X.US) is unlikely to convince the court to overturn President Biden's decision to block their $14.9 billion merger, but their lawsuit may give them more time to reach an agreement with the incoming President Trump.
After suing the Biden administration, the CEO of Nippon Steel reaffirmed that they will not give up on acquiring United States Steel.
① The chairman and CEO of Japan's steel giant Nippon Steel, Eiji Hashimoto, reiterated on Tuesday that the company will not abandon its acquisition of United States Steel; ② He emphasized that he will never give up on expanding the Business in the United States and will not consider any other plans besides the acquisition of United States Steel; ③ A day earlier, Nippon Steel sued the Biden administration to block the proposed merger.
Nippon Steel Not Giving Up On US Steel Acquisition Despite Biden's Block: CEO
Nippon Steel CEO: Deal With U.S. Steel Is 'Only Solution' for the Two Companies
Nippon Steel CEO: The deal with U.S. Steel is the 'only solution' for the two.
Smalltimeplayer : I read if the deal didn't go through nippon will need to compensate US steel a big sum of money isn't it. that's good news for US steel
吸猫西施 : No matter what the result is, we should continue to Hold.