Political Furor Over U.S. Steel Bid Puts Investment Panel in Spotlight
In this article from The New York Times, partner Mario Mancuso discusses how CFIUS’ ongoing review of the proposed takeover of U.S. Steel by Nippon Steel has echoes of the proposed acquisition of Special Metals Corporation by Nippon Steel in 1983 -- the first transaction in history where CFIUS pressure resulted in the deal being abandoned by the parties.
