Two weeks after the Federal Trade Commission (FTC) challenged Lehigh Cement’s planned acquisition of Keystone Cement, the commission said the two rival producers have abandoned the deal.
Read MoreLehigh Cement Abandons $151M Keystone Acquisition
Tag: Keystone Cement
FTC Blocks Lehigh’s Acquisition of Keystone
The Federal Trade Commission (FTC) is challenging Lehigh Cement’s $151 million acquisition of rival Pennsylvania-based producer Keystone Cement Co., alleging the deal would harm regional competition in the market.
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