Biden administration formally extends review of U.S. Steel deal, pushing decision past election

The Biden administration on Tuesday extended its review of Nippon Steel’s proposed $14.9 billion acquisition of U.S.

Steel, effectively pushing a final presidential decision on the matter past Election Day. U.S.



officials have decided to permit Nippon Steel to resubmit its application for a national security review of its plan to buy U.S. Steel, said the person, who spoke on the condition of anonymity to describe a matter not yet made public.

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