DOJ Turns Its Eyes On Merrill In Private-Equity Inquiry

Law360, New York (November 6, 2006, 12:00 AM EST) -- Merrill Lynch’s private equity arm has become the latest target of the U.S. Department of Justice’s informal inquiry into the possible anti-competitive practices of private-equity firms, with the agency reportedly issuing a request for information to the financial giant.

The DOJ has asked Merrill to voluntarily turn over information and documents related to deals and auctions, the Wall Street Journal reported on Monday, citing people familiar with the matter.

One move that could possibly come under scrutiny is the company’s September buyout of rental company Hertz...
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