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General Dynamics Corp. is lobbying the Federal Trade Commission to approve its $47 million acquisition of Boeing Co.'s medium caliber cannon business, though it is becoming increasingly likely the companies either will have to abandon the deal or fight for it in court. The FTC staff has reportedly concluded that the deal would give General Dynamics a virtual monopoly on the production of medium caliber guns.
September 20, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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