By Francesca Pisano ( June 15, 2018, 12:32 PM EDT) -- On June 5, 2018, the Federal Trade Commission conditionally approved Northrop Grumman's acquisition of Orbital ATK.[1] Northrop Grumman, a missile system provider to the U.S. government, sought to acquire a missile component supplier, Orbital ATK. The Northrop/Orbital ATK merger is a vertical merger — the combination of a supplier and a customer — rather than a horizontal merger that combines two competitors. The FTC conditioned its approval of the transaction on several behavioral remedy commitments, rather than requiring a structural remedy, such as a divestiture....
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