DOJ Reviews Whirlpool-Maytag Proposed Merger

Law360, New York (February 21, 2006, 12:00 AM EST) -- Whirlpool Corp.'s proposed $1.79 billion acquisition of Maytag Corp. was put on hold earlier this month, with the appliance makers agreeing to give U.S. antitrust authorities an extra month to review their proposed merger, which would result in the world's largest appliance-making company.

The deadline for the Department of Justice to complete its investigation of the proposed merger’s impact on competition was extended to March 30.

The investigation centers on concerns over the amount of control the companies, if combined, would have on the U.S. market...
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