President Delays Nippon Steel Purchase Dissolution Deadline until June

The extra time allows courts to review legal challenges to his federal order. This week, President Biden’s administration extended the deadline for Nippon Steel to dissolve its $14.9…

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Esmark and Founder Settle SEC Charges Over False U.S. Steel Tender Offer

SEC fines Esmark Inc. and James Bouchard for announcing a $7.8 billion tender offer for U.S. Steel without having the financial means to complete the deal. The Securities…

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FTC Supports Amazon’s Withdrawal from iRobot Acquisition

Official says the proposed $1.4 billion merger had “potential competitive effects.“ The Federal Trade Commission (FTC) announced its support for Amazon withdrawing from the acquisition of iRobot. The…

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