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Mar10
Several Mergers Receive Antitrust Approval; Justice Department to Investigate General Dynamics/Anteon Merger

Deals that received antitrust approval this week include:

  • Imation Corp.'s proposed $330 million acquisition of Memorex International Inc., which would combine Imation's disk and tape business with Memorex' recordable CDs, DVDs and other digital media business, received antitrust approval from the US.

  • The proposed merger of Axalto and Gemplus, makers of smart cards, has received regulatory clearance from the Justice Department.

  • The FTC conditionally approved Allergan's acquisition of Inamed, which I reported about here.

  • Lagardere's $537.5 million acquisition of Time Warner Book Group has been approved by the FTC, according to Reuters.com.

  • The FTC will allow Emerson Electric Co. to acquire Artesyn Technologies, Inc., reported Reuters.com.

On a less upbeat note, General Dynamics and Anteon International Corp. announced that their proposed merger will be investigated by the Justice Department. Each company received a Request for Additional Information a/k/a a Second Request. Sit down and relax, folks. This one will take a while.


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« Allergan/Inamed Deal Approved by FTC, But Divestiture Required | Main | Italy's Top Antitrust Regulator Says No to Enel-Eni Merger »

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