DOJ To Be Tested By Whirlpool Maytag Deal

Law360, New York (March 24, 2006, 12:00 AM EST) -- As the buyout of Maytag Corp. by Rival Whirlpool Corp. looms, all eyes are on the U.S. Department of Justice’s new Antitrust Division leader, who has until the March 30 to either block the $1.7 billion deal or remain silent.

Recent leaks from the Department of Justice indicated government attorneys were opposed to the deal, but the department is tight-lipped about the possible outcome of its research.

Experts believe the deal will be the first major test for Thomas O. Barnett, who was confirmed by the...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.