DOJ files suit to block Quad purchase of LSC Communications
The U.S. Department of Justice (DOJ) Antitrust Division, filed a civil antitrust lawsuit in the U.S. District Court for the Northern District of Illinois June 20 seeking to block printing giant Quad/Graphics Inc.’s proposed $1.4 billion acquisition of competitor LSC Communications. The all-stock transaction was announced on Oct. 31, 2018, and was approved Feb. 22, 2019, by shareholders of both companies. Either...
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