Thursday, May 31, 2007

Appeals court denies bid to block Western-Giant link

(Reuters) - The ruling, issued by the U.S. Court of Appeals for the Tenth Circuit, could allow Western to close the deal for Giant as early as Thursday, although the court said it would hear arguments in September on whether to overturn a lower court's ruling not to block the buyout.




The FTC will proceed with the appeal to try to block the deal, but the companies were now free to complete the link-up, a spokesman said.


Read more at Reuters.com Government Filings News

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