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Nippon Steel, US seek 8-day pause in litigation to resolve deal concerns
Nippon Steel and the Trump administration on Thursday asked a U.S. appeals court to extend a pause in their litigation for eight days, to give them more time to reach a deal allowing the Japanese firm to buy U.S. Steel for $14.9 billion. The court is likely to approve an extension of the pause, first granted on April 7 when U.S. President Donald Trump ordered a second national security review of the tie-up. That pause was set to expire on June 5. “A continued abeyance is warranted given … the ongoing efforts to reach a resolution that would fully resolve petitioners’ claims,” the companies and the government ... (full story)
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- Jun 6, 2025 3:00am Posted byFundamental Analysis258
