Auto Valuation Cos. Merger Put On Hold By FTC

Law360, New York (March 9, 2009, 12:00 AM EDT) -- A planned $1.4 billion merger between two of the three U.S. companies that make auto-damage estimation systems has been put on hold for the time being, pending the outcome of a Federal Trade Commission hearing later this month.

The U.S. District Court for the District of Columbia granted the FTC's request for a preliminary injunction to block CCC Information Services Inc. from completing its announced merger with Mitchell International Inc., primarily owned by Aurora Equity Partners III LP, until the FTC has completed a scheduled hearing...
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.