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Deals Rumor Mill

Biden To Block US Steel-Nippon, And More Deal Rumors

By Al Barbarino (September 5, 2024, 6:12 PM EDT) -- U.S. Steel and Nippon Steel continued to defend the validity of their proposed $14.9 billion merger this week after Vice President Kamala Harris voiced her opposition to it, but a Wednesday report from The Washington Post suggested that none of that will matter, stating that President Joe Biden is preparing to block the deal. ...

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