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Quotes from the news wire:
This is clearly leaving open the door for the DOJ (Justice Department) to appeal, if Turner is run separately, they don't really need a stay.
– Seth Bloom
Given the number of industry participants, a merger which combines a 5-percent market share participant doesn't seem to me to raise significant antitrust concerns.
Clearly it does raise competition questions, given the leadership role of these two companies in the chemical industry.
The STB has historically been feckless but this latest merger is a real test for them.
I think there's a fair chance for this deal to be approved.
The same factors that the FTC cited in the Office Depot OfficeMax deal are present here.
The same factors that the FTC cited in the Office Depot/OfficeMax deal are present here, i think there's a fair chance for this deal to be approved.
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"Seth Bloom Quotes." Quotes.net. STANDS4 LLC, 2020. Web. 7 Apr. 2020. <https://www.quotes.net/authors/Seth+Bloom+Quotes>.
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