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Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled

Jan. 06, 2025 10:36 AM EST

WASHINGTON (AP) — Nippon Steel and U.S. Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon's proposed $15 billion acquisition of the Pittsburgh company and said that the head of the Steelworkers union and a rival steelmaker worked together to scuttle...