“With the bid blocked and X again trading on fundamentals, we now see X as reasonably valued,” BofA analyst said. Bank of America resumed coverage of the stock with a “neutral” rating and a $35 price target, assuming U.S. Steel secures a $565 million breakup fee from the failed transaction.

Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel

A former Japan trade official believes that talk of a chilling effect on investment may be overblown. Read more at straitstimes.com.

Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel

U.S. President Joe Biden has issued an order to halt Nippon Steel Corp.'s plan to acquire United States Steel Corp. This is an extraordinary case of i･･･

Goncalves said in a statement on Monday that "Nippon Steel and U.S. Steel continue to play the blame game in a desperate attempt to distract from their own failures. Today's lawsu

Nippon Steel and U.S. Steel sued President Joe Biden on Monday over his decision to bar them from joining forces, alleging that he had violated their constitutional rights to due process in a corrupt bid to obtain political support for his reelection campaign.

President-elect Trump has also opposed Nippon Steel's $15 billion acquisition of U.S. Steel, which President Biden blocked last week.

The lawsuit in the U.S. Court of Appeals for the District of Columbia alleges that the Biden administration used the government review process as a pretext to reject the merger as