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Analysis

Waste Co. Deal Block Shows Pitfalls Of Failing Firm Defense

By Eric Kroh ( July 18, 2017, 6:44 PM EDT) -- Last month, a Delaware federal judge spiked the $367 million merger of rival nuclear waste processing companies that had been challenged by the U.S. Department of Justice, and her recently unsealed opinion underscores the inherent difficulty in raising the so-called failing firm defense to salvage a transaction....

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