S. Steel’s Pursuit of Revisiting the CFIUS Process Ancora’s “Plan” is Contradictory, Full of Unfounded Assumptions and Mimics Cleveland-Cliffs’ Failed Strategy Urges Stockholders to Vote ...

On Monday, Trump ordered a CFIUS review of a deal between U.S. Steel and Nippon Steel. Former President Joe Biden previously turned down the deal after CFIUS found national security risks with the ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation ...

However, the underpinnings of the Memorandum indicate significant changes could be forthcoming with respect to actions taken by the Committee on Foreign Investment in the United States (“CFIUS ...

S. Steel’s Pursuit of Revisiting the CFIUS Process The $75 per share that the Ancora “plan” proposes is really an unrealistic, distant future value pipedream rooted firmly in fiction.

which contested the prohibition order on constitutional due process and statutory rights grounds. The lawsuit also challenged CFIUS's initial failure to review the merger on national security grounds.

Late on Monday, the Trump administration and the companies asked an appeals court to pause their litigation until June 5 while CFIUS reviews the tie-up again, noting that the process has the ...

following President Trump's initiation of a new CFIUS review of the sale to Nippon Steel (OTCPK:NPSCY) (OTCPK:NISTF). Trump ordered a national security review of the planned sale earlier this week ...

The move comes after U.S. President Donald Trump directed the CFIUS to conduct and finalize a new review of the transaction within 45 days. Sign up here. "To reiterate, Ancora and our director ...

“And that way, Trump could say, ‘Look, we ran a fair CFIUS process. You’re still unable to buy it.’ ” Jason Zugai, a mobile equipment trainer at U.S. Steel’s Irvin Works and vice ...

The CFIUS has been given until May 21, 2025, to present its recommendation. This decision follows a lawsuit filed by U.S. Steel and Nippon Steel Corporation, which contested the prohibition order on ...