DOJ Offers Divestiture Remedy in Lawsuit Opposing Merger of Defense Companies

Gail Slater of the U.S. Department of Justice Antitrust Division said a proposed divestiture remedy allowing Safran to acquire an RTX business unit for $1.8 billion represents a “structural solution to an acquisition that would have harmed competition.”

       

Gail Slater of the U.S. Department of Justice Antitrust Division said a proposed divestiture remedy allowing Safran to acquire an RTX business unit for $1.8 billion represents a “structural solution to an acquisition that would have harmed competition.”