The Federal Trade Commission has issued a new policy statement that seeks to restore into standard practice the use of prior approval authority to restrict future acquisitions for companies pursuing anticompetitive merger transactions. Under the Prior Approval Policy Statement, companies seeking to make acquisitions should secure prior approval from...
Lockheed Martin (NYSE: LMT) has received from the Federal Trade Commission a second request for additional information as FTC continues to review its proposed acquisition of Aerojet Rocketdyne (NYSE: AJRD). The latest request extends for another 30 days the waiting period under the Hart-Scott-Rodino Act, Lockheed said Friday. In December, Lockheed s...
The Federal Trade Commission has awarded Leidos (NYSE: LDOS) a potential $162.1M contract to provide information technology and system support services for the agency’s information-sharing platform for investigating consumer fraud reports....
Leidos (NYSE: LDOS) has landed a spot on a potential five-year, $100M blanket purchase agreement to help the Federal Trade Commission update the agency’s information technology systems and services. The company said Tuesday it plans to use agile and user-centric design processes to support FTC IT modernization efforts through the mul...
The Federal Trade Commission has given Cloudera (NYSE: CLDR) and Hortonworks (Nasdaq: HDP) antitrust approval to proceed with their plan to merge through an all-stock transaction. FTC released a notice of early termination of the required waiting period for the deal under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the c...
The Federal Trade Commission has given Northrop Grumman (NYSE: NOC) antitrust approval to proceed with its proposed $9.2 billion acquisition of Orbital ATK (NYSE: OA). Northrop said Tuesday the FTC clearance calls for it to make solid-rocket motors available to competitors on œa non-discriminatory basis and that it expects to clo...
The Federal Trade Commission has given antitrust approval to DXC Technology (NYSE: DXC) to merge its U.S. public sector business with Vencore and KeyPoint Government Solutions. FTC issued Friday a notice of early termination of the required waiting period for the deal under the Hart-Scott-Rodino Antitrust Improvements Act of 197...
The Federal Trade Commission has issued Northrop Grumman (NYSE: NOC) a second request for additional data associated with its proposed $9.2 billion acquisition of Orbital ATK (NYSE: OA). Northrop said Wednesday it received the request as FTC reviews the transaction as part of the regulatory process. The request for additional informat...
The Federal Trade Commission has given antitrust approval for global private equity firm H.I.G. Capital™s proposed $283 million cash acquisition of government information technology services contractor NCI (Nasdaq: NCIT). FTC granted early termination of the required waiting period for the deal under the Hart-Scott-Rodino Antitrust Improve...
Julie Brill, former commissioner of the Federal Trade Commission, has been named corporate vice president and deputy general counsel for privacy and regulatory affairs at Microsoft (Nasdaq: MSFT). Brill will directly report to Brad Smith, president and chief legal officer at Microsoft, and will begin her new position by the summer of 2017, the compa...
