Some Thoughts On DOD's New Merger Guidance

Law360, New York (October 16, 2015, 4:47 PM EDT) -- On Sept. 30, the U.S. Department of Defense issued new guidance that reaffirmed its earlier view that it would not look favorably on mergers of "top tier defense firms." The department declared its intent to work with Congress on possible legislation that would fill the gaps in existing antitrust law and provide additional authorities to help "preserve" the innovation that has been central to the U.S. defense industrial base....

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