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Conflicting with earlier statements by both companies, the DOJ says 3M (MMM +0.1%) has in fact...

Conflicting with earlier statements by both companies, the DOJ says 3M (MMM +0.1%) has in fact abandoned its planned acquisition of Avery Dennison's (AVY -0.7%) office and consumer-products business after the Feds promised to aggressively follow through on their antitrust lawsuit. The agency asserted that the deal would have harmed competition in the sale of labels and sticky notes. Company representatives have not yet released any official confirmation.
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  • Lakeaffect
    , contributor
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    They kill a deal that concerns price of sticky notes but in 1998 they let six behemoth oil companies merge into three. Look at what happened to oil and gasoline prices since the DOJ let that deal go through. What a joke.
    5 Sep 2012, 10:57 AM Reply Like
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