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Saturday, February 28, 2026

The Fallout From the End of the U.S. Steel Deal

Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it. Litigation and diplomatic turmoil could follow. The end of a troubled takeover bid President Biden is set to officially block Nippon Steel’s $14 billion takeover of U.S. Steel as …

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