The Ownership Battles at U.S. Steel and TikTok

Group 1: US Steel and Nippon Steel Acquisition - The proposed acquisition of US Steel by Nippon Steel was blocked by the Biden administration due to national security concerns, leading to a lawsuit from both companies against the administration [3][4][8] - US Steel's market capitalization has significantly decreased from $20 billion in 2008 to around$8 billion today, reflecting challenges in the steel industry, including competition from lower-cost producers and cyclical economic conditions [5][7] - The acquisition deal was valued at over $14 billion, with US Steel shares experiencing a jump of 6-8$11 billion annually, which could significantly benefit companies like Meta and Google if TikTok is banned [14] - Various potential buyers for TikTok have emerged, including Kevin O'Leary and Elon Musk, with valuations for TikTok estimated between $80 billion and$100 billion [15][16]