Wednesday, March 29, 2006

Maytag - Whirlpool given an OK

The Maytag-Whirlpool deal was approved by the Justice Department, sparking a huge lift in Maytag shares. "The ruling took many by surprise, as shown by the surge in Maytag’s shares after the news was announced Wednesday afternoon. Maytag’s stock jumped nearly 28 percent in the minutes before the regular close of trading."

This DealBook post links to other articles on the announcement as well.

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