Ancora Challenges Nippon Steel's U.S. Steel Takeover
Ancora Holdings, a \$10 billion asset manager, is challenging Nippon Steel's proposed \$15 billion takeover of U.S. Steel, nominating new directors and a CEO to pursue a turnaround plan instead of the sale, amid political opposition and legal challenges.
Ancora Challenges Nippon Steel's U.S. Steel Takeover
Ancora Holdings, a \$10 billion asset manager, is challenging Nippon Steel's proposed \$15 billion takeover of U.S. Steel, nominating new directors and a CEO to pursue a turnaround plan instead of the sale, amid political opposition and legal challenges.
Progress
40% Bias Score
Biden Blocks Nippon Steel's US Steel Acquisition Amidst Controversy
President Biden blocked Japan's Nippon Steel's bid to buy US Steel due to national security concerns, prompting criticism from Japan and a rival bid from Cleveland-Cliffs, creating further complexities.
Biden Blocks Nippon Steel's US Steel Acquisition Amidst Controversy
President Biden blocked Japan's Nippon Steel's bid to buy US Steel due to national security concerns, prompting criticism from Japan and a rival bid from Cleveland-Cliffs, creating further complexities.
Progress
60% Bias Score
Biden Blocks US Steel Takeover Amidst National Security Concerns
President Biden blocked Japan's Nippon Steel's \$14 billion takeover of US Steel, citing national security concerns despite dissent from top officials including Treasury Secretary Janet Yellen, leading to a lawsuit and raising questions about the CFIUS process.
Biden Blocks US Steel Takeover Amidst National Security Concerns
President Biden blocked Japan's Nippon Steel's \$14 billion takeover of US Steel, citing national security concerns despite dissent from top officials including Treasury Secretary Janet Yellen, leading to a lawsuit and raising questions about the CFIUS process.
Progress
40% Bias Score
U.S. Rejects Nippon Steel Bid, Straining U.S.-Japan Relations
President Biden rejected Nippon Steel's \$15 billion bid for U.S. Steel due to national security concerns, prompting a lawsuit and raising concerns in Japan about future investments, despite assurances from Secretary Blinken of a strong U.S.-Japan alliance.
U.S. Rejects Nippon Steel Bid, Straining U.S.-Japan Relations
President Biden rejected Nippon Steel's \$15 billion bid for U.S. Steel due to national security concerns, prompting a lawsuit and raising concerns in Japan about future investments, despite assurances from Secretary Blinken of a strong U.S.-Japan alliance.
Progress
36% Bias Score
U.S. Steel, Nippon Steel Sue Biden Administration Over Blocked Merger
U.S. Steel and Nippon Steel sued the Biden administration on Monday for blocking their $14 trillion merger, alleging that the decision was politically motivated to benefit the United Steelworkers union and that the administration used national security concerns as a pretext; shares of U.S. Steel and...
U.S. Steel, Nippon Steel Sue Biden Administration Over Blocked Merger
U.S. Steel and Nippon Steel sued the Biden administration on Monday for blocking their $14 trillion merger, alleging that the decision was politically motivated to benefit the United Steelworkers union and that the administration used national security concerns as a pretext; shares of U.S. Steel and...
Progress
52% Bias Score
Biden Blocks Japanese Steelmaker's US Acquisition
President Joe Biden blocked Nippon Steel's \$14.1 billion acquisition of U.S. Steel on Friday, citing national security concerns, prompting criticism from Japan and the companies involved, who plan legal action.
Biden Blocks Japanese Steelmaker's US Acquisition
President Joe Biden blocked Nippon Steel's \$14.1 billion acquisition of U.S. Steel on Friday, citing national security concerns, prompting criticism from Japan and the companies involved, who plan legal action.
Progress
40% Bias Score
Biden Vetoes Nippon Steel's US Steel Acquisition
President Biden blocked a $15 billion acquisition of US Steel by Japan's Nippon Steel, citing national security concerns and supply chain risks, despite bipartisan support for the veto and criticism from the involved companies.
Biden Vetoes Nippon Steel's US Steel Acquisition
President Biden blocked a $15 billion acquisition of US Steel by Japan's Nippon Steel, citing national security concerns and supply chain risks, despite bipartisan support for the veto and criticism from the involved companies.
Progress
44% Bias Score
US Extends Deadline on Blocked Nippon Steel-U.S. Steel Merger
On June 18th, the deadline for Nippon Steel and U.S. Steel to abandon their $14.1 billion merger, blocked by President Biden on January 3rd due to national security concerns, was extended; the companies filed lawsuits challenging the decision.
US Extends Deadline on Blocked Nippon Steel-U.S. Steel Merger
On June 18th, the deadline for Nippon Steel and U.S. Steel to abandon their $14.1 billion merger, blocked by President Biden on January 3rd due to national security concerns, was extended; the companies filed lawsuits challenging the decision.
Progress
48% Bias Score
US Steel, Nippon Steel Sue Biden Over Blocked Merger
US Steel and Nippon Steel are suing President Biden for blocking their $14.9 billion merger, which he vetoed on January 4th, 2025, citing national security concerns, prompting Japan to request an explanation.
US Steel, Nippon Steel Sue Biden Over Blocked Merger
US Steel and Nippon Steel are suing President Biden for blocking their $14.9 billion merger, which he vetoed on January 4th, 2025, citing national security concerns, prompting Japan to request an explanation.
Progress
40% Bias Score
US Steel, Nippon Steel Sue Biden Over Blocked Merger
US Steel and Nippon Steel sued President Biden on Monday, claiming his blocking of their $2.7 billion merger was illegal and politically motivated, jeopardizing US Steel's operations and setting a precedent for future foreign investment.
US Steel, Nippon Steel Sue Biden Over Blocked Merger
US Steel and Nippon Steel sued President Biden on Monday, claiming his blocking of their $2.7 billion merger was illegal and politically motivated, jeopardizing US Steel's operations and setting a precedent for future foreign investment.
Progress
52% Bias Score
Biden Blocks Nippon Steel's US Steel Acquisition; Legal Action Considered
President Joe Biden blocked Nippon Steel's \$14.3 billion bid to acquire US Steel on national security grounds, prompting Nippon Steel to consider legal action, despite the United Steelworkers' support for the block.
Biden Blocks Nippon Steel's US Steel Acquisition; Legal Action Considered
President Joe Biden blocked Nippon Steel's \$14.3 billion bid to acquire US Steel on national security grounds, prompting Nippon Steel to consider legal action, despite the United Steelworkers' support for the block.
Progress
52% Bias Score
US Steel, Nippon Steel Sue Biden Administration Over Blocked Merger
Nippon Steel and US Steel are suing the Biden administration for blocking their \$15 billion merger, alleging political interference by the president, the United Steelworkers union, and a rival steelmaker; the lawsuit claims this cost US Steel jobs and investment.
US Steel, Nippon Steel Sue Biden Administration Over Blocked Merger
Nippon Steel and US Steel are suing the Biden administration for blocking their \$15 billion merger, alleging political interference by the president, the United Steelworkers union, and a rival steelmaker; the lawsuit claims this cost US Steel jobs and investment.
Progress
60% Bias Score