Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled

By FATIMA HUSSEIN The Associated Press WASHINGTON Nippon Steel and U.S. Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon’s proposed $15 billion acquisition of the Pittsburgh company and said that the head of the Steelworkers union and a rival steelmaker worked together to scuttle the buyout. In moving to […]