DOJ Probes Brake Makers' Proposed Merger

Law360, New York (May 14, 2007, 12:00 AM EDT) -- The U.S. Department of Justice’s Antitrust Division has requested more information about British aerospace and defense firm Meggitt plc’s proposed $1.8 billion acquisition of airplane brake maker K&F Industries Holdings Inc., K&F said Monday.

According to K&F, the DOJ has requested additional information under the Hart-Scott Rodino Act and has imposed a 30-day waiting period for approval for the merger until after K&F and Meggitt have filed all the necessary paperwork.

The companies said they “intend to respond promptly” to the DOJ’s request.

K&F and Meggitt...
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