The U.S. Justice Department will extend its review of Whirlpool Corp.'s proposed $1.79 billion acquisition of rival appliance-maker Maytag Corp., the companies say. Whirlpool and Maytag said Monday that they will not close the deal until March 30 without Justice Department approval. Combining the competing appliance makers would create a market giant producing half of the nation's dishwashers and more than 70 percent of its clothes washers and dryers.
February 15, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The U.S. Justice Department will extend its review of Whirlpool Corp.’s proposed $1.79 billion acquisition of rival appliance-maker Maytag Corp., the companies say.
Whirlpool and Maytag said Monday that they will not close the deal until March 30 without Justice Department approval.
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