US extends deadline on Nippon's bid for US Steel, offering some hope that the deal is not dead
- Posted on January 13, 2025
- By Star Tribune
- 2 Views
US extends deadline on Nippon's bid for US Steel, offering some hope that the deal is not dead
The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden Administration extended a deadline for the Japanese steelmaker to abandon plans to acquire the storied Pittsburgh company after President Joe Biden blocked the deal.