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U.S. Steel, Nippon file lawsuits over Biden's block of merger

U.S. Steel and Nippon Steel filed lawsuits Monday over President Joe Biden's blockage of the Japanese company's proposed takeover of its Pittsburgh-based rival for nearly $15 billion. CBS News MoneyWatch correspondent Kelly O'Grady has more.

Jan 6, 2025 - 14:00
U.S. Steel, Nippon file lawsuits over Biden's block of merger
U.S. Steel and Nippon Steel filed lawsuits Monday over President Joe Biden's blockage of the Japanese company's proposed takeover of its Pittsburgh-based rival for nearly $15 billion. CBS News MoneyWatch correspondent Kelly O'Grady has more.
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