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JUSTICE DEPARTMENT CLEARS MAYTAG DEAL
March 29, 2006
From Reuters:
U.S. antitrust authorities said on Wednesday they had approved Whirlpool Corp.'s planned acquisition of rival appliance maker Maytag Corp.
After an investigation that lasted several months, the Justice Department said it would not oppose the deal, which would give the combined company a commanding share of the U.S. market for washing machines and dryers.
Sanity 1, Politicians 0.
Prior Tax Update coverage:
MAYTAG ACCEPTS WHIRLPOOL $21 OFFER
WHIRLPOOL BID FOR MAYTAG BOOSTED TO $21
MAYTAG SHAREHOLDERS - WHAT WILL YOU PAY IN TAXES?
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