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Biden delays order for Nippon Steel to end US Steel takeover bid


Jeff Swensen/Getty Images news

The Biden administration delayed the order for Nippon Steel (OTCPK:NPSCY)(OTCPK: NISTF) to abandon the contract to take over United States Steel in the amount of 14.9 billion dollars (NYSE:X) by mid-June, the companies said in a joint statement late Saturday.

President Joe Biden on January 3rd blocked



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