Divestitures To Clear Path For Flight Co. Merger

Law360, New York (October 23, 2008, 12:00 AM EDT) -- The U.S. Department of Justice has asked a federal court to issue a final judgment, settling with divestitures its antitrust challenge to the $128.5 million merger between Signature Flight Corp. and Hawker Beechcraft Services Inc.

The federal antitrust regulator told the U.S. District Court for the District of Columbia on Tuesday that the flight-support providers had consented to entry of a judgment that would force the divestiture of certain of one or the other company's assets at Indianapolis International Airport.

Flight-support providers are also known as...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.