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Analysis

Was A $5M Fine Just The Cost Of Closing A $6B Deal?

By Bryan Koenig ( June 18, 2019, 7:24 PM EDT) -- When the Federal Trade Commission and the U.S. Department of Justice announced that Canon and Toshiba would pay $2.5 million each to settle allegations they deliberately skirted obligations to report Canon's $6 billion purchase of Toshiba Medical Systems, the agencies pronounced it a stern warning to others who might be tempted to close mergers without providing the obligatory disclosure....

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