Deal In Ardagh's $2B Merger Left Out Of FTC Case, For Now

Law360, Washington (September 24, 2013, 3:53 PM EDT) -- Ardagh Group SA won't be able to submit evidence about a new proposal to restructure its $1.7 billion bid for the North American packaging unit of France's Saint-Gobain SA at an upcoming hearing in the Federal Trade Commission's bid to block the deal, a Washington federal judge said Tuesday, as the agency attacked the proposal as "gamesmanship."

U.S. District Judge Barbara Jacobs Rothstein told the parties at a hearing that it would be "premature and precipitous" to consider Ardagh's recent proposal to sell four glass container...
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