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
Acciaierie d'Italia Receives Bids: Foreign and Domestic Companies Vie for Assets
Three foreign (Baku Steel, Jindal Steel, Bedrock) and seven Italian companies bid to acquire Italy's Acciaierie d'Italia; foreign bids target the entire group, while Italian bids focus on individual plants, creating uncertainty for nearly 3,000 workers currently on reduced hours.
Acciaierie d'Italia Receives Bids: Foreign and Domestic Companies Vie for Assets
Three foreign (Baku Steel, Jindal Steel, Bedrock) and seven Italian companies bid to acquire Italy's Acciaierie d'Italia; foreign bids target the entire group, while Italian bids focus on individual plants, creating uncertainty for nearly 3,000 workers currently on reduced hours.
Progress
40% 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
CEO's prediction dooms $14.9B steel deal
Cleveland-Cliffs CEO Lourenco Goncalves' repeated assertions to investors that President Biden would block Nippon Steel's $14.9 billion bid for U.S. Steel, ultimately proven correct, raise questions about the influence of corporate lobbying on governmental decisions.
CEO's prediction dooms $14.9B steel deal
Cleveland-Cliffs CEO Lourenco Goncalves' repeated assertions to investors that President Biden would block Nippon Steel's $14.9 billion bid for U.S. Steel, ultimately proven correct, raise questions about the influence of corporate lobbying on governmental decisions.
Progress
40% Bias Score
Biden Blocks US Steel Acquisition, Citing National Security
President Biden blocked a $15 billion acquisition of US Steel by Japan's Nippon Steel on Friday, citing national interests, despite opposition from both companies and some US business groups; this decision could strain US-Japan relations.
Biden Blocks US Steel Acquisition, Citing National Security
President Biden blocked a $15 billion acquisition of US Steel by Japan's Nippon Steel on Friday, citing national interests, despite opposition from both companies and some US business groups; this decision could strain US-Japan relations.
Progress
52% Bias Score
Biden Blocks Nippon Steel's US Steel Acquisition
President Joe Biden blocked a $14.3 billion acquisition of US Steel by Japan's Nippon Steel on Friday, citing national security concerns, despite the deal's potential to provide US Steel with crucial investments; the move has sparked debate about the balance between national security and economic in...
Biden Blocks Nippon Steel's US Steel Acquisition
President Joe Biden blocked a $14.3 billion acquisition of US Steel by Japan's Nippon Steel on Friday, citing national security concerns, despite the deal's potential to provide US Steel with crucial investments; the move has sparked debate about the balance between national security and economic in...
Progress
48% Bias Score
Cleveland-Cliffs CEO Announces Plan to Acquire U.S. Steel
Cleveland-Cliffs CEO Lourenco Goncalves announced a plan to acquire U.S. Steel after President Biden blocked its sale to Japan's Nippon Steel due to national security concerns, triggering a lawsuit and sending both companies' shares up about 6%.
Cleveland-Cliffs CEO Announces Plan to Acquire U.S. Steel
Cleveland-Cliffs CEO Lourenco Goncalves announced a plan to acquire U.S. Steel after President Biden blocked its sale to Japan's Nippon Steel due to national security concerns, triggering a lawsuit and sending both companies' shares up about 6%.
Progress
64% Bias Score
Biden Blocks Nippon Steel's U.S. Steel Bid, Sparking Lawsuit
President Biden blocked Nippon Steel's \$15 billion bid to acquire U.S. Steel due to national security concerns, prompting a lawsuit from Nippon Steel and U.S. Steel, which alleges the decision was politically motivated to appease union members opposed to the deal.
Biden Blocks Nippon Steel's U.S. Steel Bid, Sparking Lawsuit
President Biden blocked Nippon Steel's \$15 billion bid to acquire U.S. Steel due to national security concerns, prompting a lawsuit from Nippon Steel and U.S. Steel, which alleges the decision was politically motivated to appease union members opposed to the deal.
Progress
60% Bias Score
Biden Blocks U.S. Steel Acquisition, Faces Lawsuit
President Biden blocked a $14 billion acquisition of U.S. Steel by Japan's Nippon Steel due to national security concerns, prompting lawsuits from U.S. Steel and Nippon Steel against Biden, the United Steelworkers union president, and Cleveland-Cliffs for alleged illegal coordination to block the de...
Biden Blocks U.S. Steel Acquisition, Faces Lawsuit
President Biden blocked a $14 billion acquisition of U.S. Steel by Japan's Nippon Steel due to national security concerns, prompting lawsuits from U.S. Steel and Nippon Steel against Biden, the United Steelworkers union president, and Cleveland-Cliffs for alleged illegal coordination to block the de...
Progress
56% Bias Score
Biden Blocks US Steel Acquisition, Raising FDI Concerns
President Joe Biden controversially blocked Japan's Nippon Steel's nearly \$15 billion acquisition of Pittsburgh-based US Steel, citing national security concerns despite a lack of public evidence, prompting condemnation from both companies and raising concerns about future US-Japan relations and fo...
Biden Blocks US Steel Acquisition, Raising FDI Concerns
President Joe Biden controversially blocked Japan's Nippon Steel's nearly \$15 billion acquisition of Pittsburgh-based US Steel, citing national security concerns despite a lack of public evidence, prompting condemnation from both companies and raising concerns about future US-Japan relations and fo...
Progress
56% Bias Score
Biden Blocks Nippon Steel's U.S. Steel Acquisition
President Joe Biden blocked Nippon Steel's $14.9 billion acquisition of U.S. Steel on Friday, citing national security concerns, despite concessions offered by Nippon Steel, including giving the U.S. government veto power over production; this follows a year of review and political opposition, poten...
Biden Blocks Nippon Steel's U.S. Steel Acquisition
President Joe Biden blocked Nippon Steel's $14.9 billion acquisition of U.S. Steel on Friday, citing national security concerns, despite concessions offered by Nippon Steel, including giving the U.S. government veto power over production; this follows a year of review and political opposition, poten...
Progress
40% Bias Score
Biden to Decide Fate of Nippon Steel's U.S. Steel Acquisition
President Joe Biden will decide within 15 days whether to block a nearly $15 billion deal for Nippon Steel of Japan to purchase U.S. Steel, after a government panel failed to reach consensus on national security risks; the United Steelworkers union opposes the deal, while Nippon Steel promises signi...
Biden to Decide Fate of Nippon Steel's U.S. Steel Acquisition
President Joe Biden will decide within 15 days whether to block a nearly $15 billion deal for Nippon Steel of Japan to purchase U.S. Steel, after a government panel failed to reach consensus on national security risks; the United Steelworkers union opposes the deal, while Nippon Steel promises signi...
Progress
44% Bias Score