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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