Maytag-Whirlpool Merger given go-ahead by Feds

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sudsmaster

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"WASHINGTON/ATLANTA (Reuters) - U.S. antitrust regulators on Wednesday approved Whirlpool Corp.'s (NYSE:WHR - news) planned $1.7 billion acquisition of smaller rival Maytag Corp. (NYSE:MYG - news), a deal which will form the world's largest appliance maker. "

"After an investigation that lasted about six months, the U.S. Justice Department said it would not oppose the deal, saying it "is not likely to reduce competition substantially.""

http://news.yahoo.com/s/nm/20060330/bs_nm/manufacturing_maytag_antitrust_dc_4
 

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