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The U.S. Department of Justice has stepped up its investigation of a bid to create the world's largest nickel producer. On Friday, Inco Ltd. and Falconbridge Ltd., both of Canada, announced the agency had issued a second request for information on their $10.2 billion merger, which would put more than 735 million pounds of annual nickel production in the hands of one company. Though the companies aren't based in the U.S., they are big suppliers to U.S. steelmakers, for whom nickel is a key ingredient.
November 23, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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