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
Cleveland-Cliffs and Nucor Team Up in Bid for U.S. Steel
Cleveland-Cliffs and Nucor are jointly bidding to acquire U.S. Steel for an amount exceeding $30 per share, aiming to prevent the company's acquisition by Japanese firm Nippon Steel, which was blocked by the White House over national security concerns.
Cleveland-Cliffs and Nucor Team Up in Bid for U.S. Steel
Cleveland-Cliffs and Nucor are jointly bidding to acquire U.S. Steel for an amount exceeding $30 per share, aiming to prevent the company's acquisition by Japanese firm Nippon Steel, which was blocked by the White House over national security concerns.
Progress
56% 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
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
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
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
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
US Steel, Nippon Sue US Government Over Blocked Merger
US Steel and Nippon Steel are suing the US government after President Biden blocked their $14.3 billion merger, claiming the decision was politically motivated and violated due process; the companies also filed suit against Cleveland-Cliffs and the United Steelworkers union for anticompetitive actio...
US Steel, Nippon Sue US Government Over Blocked Merger
US Steel and Nippon Steel are suing the US government after President Biden blocked their $14.3 billion merger, claiming the decision was politically motivated and violated due process; the companies also filed suit against Cleveland-Cliffs and the United Steelworkers union for anticompetitive actio...
Progress
60% 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