gtotheunit91 said:
Make ABK its own entity again how exactly? |
No idea. But this is definitely different from the Penguin-Random House and Simon & Schuster merger. With that, the FTC asked for a court injunction to block the deal from progressing and sued to block it, and won in court, blocking the deal permanently. But with this one, they are suing but not asking for a court injunction to temporarily block the merger while it is decided in the courts, meaning that the deal could technically still close if the other regulators all approve it before the case goes to court, but then could later be overturned if the FTC wins in court.