Summary
Decades after the federal government forced Alcoa Inc. to relinquish control of the aluminum company it founded in Canada, a $33 billion bid to reacquire Alcan Inc. is likely to win Justice Department approval, experts said Tuesday.
"With the way the Bush administration has been treating major mergers, I think it would go through," said William Wycoff, a Downtown attorney who specializes in antitrust law for Thorp Reed & Armstrong. The Clinton administration did not have a problem with antitrust issues blocking large mergers, and the Bush administration has taken taken an even more tolerant approach, Wycoff said.See the full content of this document
Extract
Antitrust Climate Eases for Alcoa
Judith Olson, an antitrust lawyer with the Downtown firm of Schnader Harrison Segal & Lewis, agreed.
"The Department of Justice most likely will approve some kin...See the full content of this document
Sponsored links
