DOJ Demands More Info On $3.1B Mirant, RRI Tie-Up

Law360, New York (July 16, 2010, 11:12 AM EDT) -- Mirant Corp. and RRI Energy Inc. have revealed that the U.S. Department of Justice wants more information on their planned $3.1 billion merger, which would create one of the largest independent power producers in the U.S.

The DOJ issued a second request Wednesday, the companies said in a filing with the U.S. Securities and Exchange Commission on Thursday.

The request is “a common part of the regulatory approval process under the Hart-Scott-Rodino Antitrust Improvements Act,” Mirant and RRI said.

“Mirant and RRI Energy are in the...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.