Cyclops Corp. opposes merger of LTV Corp. and Republic Steel Corp.

PR Newswire | June 5, 1984 | Copyright

PITTSBURGH, June 5 /PRNewswire/ -- Cyclops Corporation today confirmed that it filed comments with the Department of Justice opposing the proposed merger of LTV Corporation and Republic Steel Corporation, charging that in recommending it, the Justice Department "was influenced more by political expediency than by the goal of reducing the (merger's) anticompetitive effects."

In its comments to the Justice Department filed yesterday, Cyclops also disclosed that the Department of Commerce refused to turn over 18 documents concerning Reagan administration involvement in ...

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