Mittal Gets Final Extension To Sell Tin Mill

Law360, New York (July 6, 2007, 12:00 AM EDT) -- The U.S. Department of Justice has granted Mittal Steel Company NV an extra 15 days to sell one of its tin mills, which it must do to resolve competition concerns over its $33 billion hostile takeover of Luxembourg-based rival Arcelor SA.

In court documents filed Thursday with the U.S. District Court for the District of Columbia, the DOJ gave Dutch Steel company Mittal until July 20 divest its Sparrows Point plant in Baltimore, Md. Mittal originally had until May to make the sale, but it received...
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