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DOJ Gets Another Win as Electrolux and GE Abandon Deal

On December 7, 2015, after four weeks of trial in the U.S. District Court of the District of Columbia, GE terminated its $3.3 billion sale of its appliance business to Electrolux. In September of 2014, Electrolux announced its acquisition of GE’s appliance business.  The deal was characterized as a way…

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