U.S. Steel, Nippon Steel sue over blocked deal
U.S. Steel and Japan's Nippon Steel sued the U.S. government on Monday after President Joe Biden blocked their $14.9 billion merger, citing national security risks.
The lawsuit, filed in federal court in Washington, is a last-ditch effort to revive the transaction, The New York Times reported. It accuses Biden and senior administration officials of playing politics in the review process.
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Biden said Friday he would bar the........
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