Earlier:
Biden to announce Friday on whether he'll approve Japanese acquisition of U.S. SteelThat report is challenged now by a piece in the Washington Post reporting that Biden will block sale of US Steel to Japanese buyer.
WaPo is gated, but here is the link:
Biden decides to block U.S. Steel sale to Japanese buyer President Joe Biden has decided to officially block Nippon Steel’s proposed purchase of U.S. Steel, a once-iconic American company whose sale to a foreign buyer he publicly opposed for months, according to two administration officials who were not authorized to speak publicly about the matter. This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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