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Nevertheless, I have very little faith in states somehow blocking big mergers. Can you cite an example where this has happened? We've had basically every airlin
by xp84 3mo ago
Nevertheless, I have very little faith in states somehow blocking big mergers. Can you cite an example where this has happened? We've had basically every airline, several supermarket chains, and every major media company go through 1-2 rounds of megamergers. Which, specifically, have been successfully blocked by states?
- yerich 3mo agoIn 2017, Valero tried to acquire some energy infrastructure owned by Plains All American. The FTC cleared it but California's AG filed to block the deal, which was ultimately abandoned before the trial could begin. https://www.hklaw.com/en/insights/publications/2017/10/future-impacts-of-valeros-decision-to-abandon-mart https://www.hklaw.com/en/insights/publications/2017/10/futur...
- ralph84 3mo agoWashington state was key to blocking Kroger-Albertsons.
- deleted 3mo ago[deleted]