USA - Judge rejects antitrust concerns, ruling in favour of US Sugar to acquire Imperial Sugar

摘要

A federal judge rejected the Justice Department's bid to block US Sugar Corp's plans to buy rival Imperial Sugar Co on September 23rd. The judge said the merger wouldn't violate antitrust provisions of the Clayton Act. The ruling comes months after the Justice Department sued to try to halt the deal between US Sugar and Imperial Sugar Company, one of the largest sugar refiners in the nation. The government had argued that allowing the acquisition to go through would drive up the price of sugar for households as well as for food and soda makers. US Sugar has argued that the acquisition will increase the production and distribution of refined sugar and provide a more secure supply.