FTC clears Loral acquisition plan
The Federal Trade Commission has given Lockheed Martin the go-aheadto buy Loral on the condition that it take measures to limit thepossibility of antitrust conflicts in the defense industry. TheFTC's concerns had delayed the consummation of the merger,
The Federal Trade Commission has given Lockheed Martin the go-ahead
to buy Loral on the condition that it take measures to limit the
possibility of antitrust conflicts in the defense industry. The
FTC's concerns had delayed the consummation of the merger, which
was announced earlier this year (SCAN 1/17/96).