launderess
Well-known member
It ain't over until the fat lady sings:
http://today.reuters.com/investing/...214:MTFH53002_2006-02-14_00-49-56_N13257790:1
http://today.reuters.com/investing/...214:MTFH53002_2006-02-14_00-49-56_N13257790:1
DOJ Eyeballs Whirlpool-Maytag Merger For Possible Anti-Trust Action
- Thread starter launderess
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sudsmaster
Well-known member
Slam dunk in current political climate
I don't think the Republican DOJ will do anything much to block this merger. I could be wrong, but I can't recall any other similar scale mergers having been blocked for the past six years. It might even be argued that the merger is required to maintain a US appliance manufacturing presence, since much of the competition is now foreign-owned anyway (Electrolux/Frigidaire, LG, Samsung, Bosch, etc...).
I don't think the Republican DOJ will do anything much to block this merger. I could be wrong, but I can't recall any other similar scale mergers having been blocked for the past six years. It might even be argued that the merger is required to maintain a US appliance manufacturing presence, since much of the competition is now foreign-owned anyway (Electrolux/Frigidaire, LG, Samsung, Bosch, etc...).
