Nippon Steel Postpones U.S. Steel Acquisition

Researched by Industrial Info Resources (Sugar Land, Texas)--Nippon Steel Corporation (Tokyo, Japan) said last week it was delaying the close of its $14.9 billion acquisition of United States Steel Corporation (NYSE:X) (U.S. Steel) (Pittsburgh, Pennsylvania) by three months after the U.S. Department of Justice requested more information and documents on the deal.