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FTC Sues To Block $85M CCS-Newpark Deal

By Ben James (October 23, 2008, 12:00 AM EDT) -- The U.S. Federal Trade Commission wants a federal judge in Texas to block CCS Corp.'s $85 million acquisition of Newpark Environmental Services over concerns that the deal would lead to higher prices and reduced service levels for customers in the offshore oil and gas exploration and production industry....

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