DOJ Requires Behavioral Remedies for Challenged Merger
Date: 02/22/10
Source: The New York Law Journal. Reprinted with permission.
The Department of Justice brought several challenges involving mergers and acquisitions, including the conditional approval of the combination of the nation's largest ticketing company with the leading concert promoter, subject to divestitures and restrictions on future conduct by the merged firm; the imposition of substantial fines for a buyer's premature review and approval of ordinary course procurement contracts; and seeking to unwind a completed acquisition of dairy processing operations in Wisconsin.
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