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United States Steel Corporation and Nippon Steel Corporation filed a pair of lawsuits on January 6 accusing President Biden, the president of the steelworkers union and the chief executive of a rival company of conspiring to scuttle their $14.1bn tie-up.
The suit, filed in the US Court of Appeals for the District of Columbia, alleges that it was a political decision and violated the companies’ due process.
US Steel is advised by Barclays (led by Daniel Grabos ), Evercore (led by?Roger Altman), 高盛 , Milbank LLP (led by Iliana Ongun ?and Bob Kennedy ), Wachtell, Lipton, Rosen & Katz (led by Josh Cammaker ?and?Jenna E. Levine) and Joele Frank (led by Ed Trissel ?and Kelly Sullivan ). Nippon Steel is advised by 花旗 , Ropes & Gray LLP (led by Ariel Deckelbaum ?and Suni Sreepada ), Wolf Theiss (led by Miroslav Stojanovic ) and Teneo (led by Robert Mead ).
Coalesce Capital , a private equity firm focused on investing in business services companies, completed an investment in Pearl Meyer , an executive compensation and leadership consultancy. Financial terms were not disclosed.
Pearl Meyer was advised by Citizens Capital Markets and Advisory and Locke Lord LLP . Coalesce Capital was advised by Ropes & Gray LLP and Joele Frank (led by? Ed Trissel ).
Norfolk Iron and Metal , one of the nation's largest family-owned steel service centers, completed the acquisition of Straub Metal International, a stainless steel company. Financial terms were not disclosed.
Straub Metal was advised by Mufson Howe Hunter & Co. LLC and Ballard Spahr LLP . Norfolk Iron & Metal was advised by Headwall Partners and Abrahams Kaslow & Cassman LLP .
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