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Biden on Friday rejected Nippon Steel’s purchase of the storied American steelmaker, citing national-security concerns.

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U.S. Steel and Nippon Steel filed lawsuits on Monday over President Joe Biden's decision to stop the Japanese company's proposed nearly $15 billion takeover of its Pittsburgh-based rival.

TOKYO — Japan’s largest steelmaker said Tuesday that it would not give up trying to buy U.S. Steel even after President Joe Biden blocked the $15 billion bid last week over national security ...