The US DoJ requires minor conduct remedies before approving a vertical merger affecting the market for petroleum needle coke (GrafTech / Seadrift)

McDermott Will & Emery lawyers succeeded in obtaining the necessary antitrust approval for clients Seadrift Coke L.P. (Seadrift), the world's second largest petroleum-based needle coke producer, and C/G Electrodes LLC (C/G), a U.S.-based graphite electrode producer, which have been acquired by GrafTech International Ltd. (NYSE: GTI) for an aggregate purchase price of over $900 million, based on the price of GrafTech stock as of the

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Authors

  • McDermott Will & Emery (Washington)
  • McDermott Will & Emery (New York)
  • McDermott Will & Emery (Washington)

Quotation

Joel R. Grosberg, C. David Goldman, Gregory E. Heltzer, The US DoJ requires minor conduct remedies before approving a vertical merger affecting the market for petroleum needle coke (GrafTech / Seadrift), 24 March 2011, e-Competitions Bulletin March 2011, Art. N° 53063

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