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Federal Trade Commission clears Boeing Co.'s acquisition of Hughes Space and Communications; Transaction involves companies' satellite and launch vehicle operations divisions.
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M2 Presswire
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September 27, 2000
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Copyright informationCOPYRIGHT 2000 M2 Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-27 September 2000-US FTC: Federal Trade Commission clears Boeing Co.'s acquisition of Hughes Space and Communications; Transaction involves companies' satellite and launch vehicle operations divisions (C)1994-2000 M2 COMMUNICATIONS LTD
RDATE:27092000
The Federal Trade Commission today announced a proposed consent agreement with The Boeing Company (Boeing) that would allow its acquisition of Hughes Space and Communications (Hughes), a subsidiary of General Motors Corporation, while remedying the potential anti-competitive effects of the $3.75 billion transaction. Under the proposed consent agreement, Boeing would be prohibited from providing ...
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