U.S. Steel, Nippon sue Biden administration over decision to block merger By Reuters
By Alexandra Alper and Aatreyee Dasgupta (Reuters) -U.S. President Joe Biden violated the Constitution by blocking Nippon Steel’s $14.9 billion bid for U.S. Steel through a sham national security review, the companies alleged in a lawsuit they said was filed on Monday. The companies want the federal court to scrap Biden’s decision to scuttle the … Read more