EU Fines Canon €28M For Skirting Toshiba Deal Reporting
By Bryan Koenig ( June 27, 2019, 3:45 PM EDT) -- European Union antitrust authorities finished their long-running probe of Canon Inc.'s $6 billion purchase of Toshiba Corp.'s medical systems unit Thursday with a €28 million ($31.8 million) fine for deliberately skirting merger reporting obligations, a far steeper penalty than the collective $5 million fine levied against both companies by U.S. officials....
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