Nucor to Acquire Birmingham Steel

Flextronics International offers to acquire NatSteel Broadway, and more merger news

Nucor (NUE ) announces a non-binding agreement to acquire struggling steelmaker Birmingham Steel (BIRS ) for $615 million in cash, up from a previous offer of $500 million. The proposed takeover would increase NUE's presence in rebar and merchant products by some 2.0 million tons. (5/21)

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