“DOJ Loses Appeal Against U.S. Sugar’s $315 Million Acquisition of Imperial Sugar, Highlighting Challenges in Preventing Food Industry Mergers”
The U.S. Department of Justice (DOJ) has lost its appeal against U.S. Sugar’s $315 million acquisition of rival Imperial Sugar, indicating potential challenges ahead for the government in preventing significant food company mergers. The 3rd U.S. Circuit Court of Appeals in Philadelphia upheld a September 2022 decision from a Delaware Federal district court that permitted … Read more