Word: mergers
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...deal did not go through as planned. Last week, three days after the government took Microsoft's side in court on an appeal related to the consent decree, the Justice Department filed suit to block the Microsoft-Intuit merger. The $2 billion deal, government antitrust lawyers argued, would reduce competition, raise software prices and dampen innovation...
...seemed to think they might be linked in the court of public opinion. The department assigned more lawyers to its investigation of the Intuit deal right after the Sporkin ruling. And instead of asking for an extension, as had been expected, the government actually filed suit to block the merger a few days early...
Microsoft last week pointedly declined to speculate on any "political connection," and vowed to defend the merger in court. "Our enthusiasm for bringing Intuit and Microsoft together is ... exactly as it was when we announced the plan,'' said Gates...
...proposed merger leaves the fate of such renovations uncertain, Boulrice said...
Chisolm said he does not yet know whether the merger will impact the renovations...