Comment: Assa Abloy-Spectrum Brands settlement shows US DOJ will weigh litigation risk, includes major concessions
By Serafina Smith and Ilana Kowarski ( May 8, 2023, 22:09 GMT | Comment) -- The US Department of Justice’s proposed settlement for Assa Abloy's acquisition of a Spectrum Brands unit, while allowing the parties to close the deal with a divestiture, also includes significant concessions to the DOJ and isn't a clear-cut win for the "litigating-the-fix" approach. The settlement also serves as an indication the agency will weigh litigation risk, even after a challenge.The US Department of Justice’s proposed settlement for Assa Abloy's acquisition of a Spectrum Brands unit, while allowing the parties to close the deal with a divestiture, also includes significant concessions to the DOJ and isn't a clear-cut win for the "litigating-the-fix" approach....
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