[NTIACNews]Industry News-GE purchase of InVision gains antitrust approval
Chris R. Coughlin
ccoughlin@ntiac.com
Thu, 16 Sep 2004 06:58:30 -0500
Hello All,
Reports this morning are indicating that GE's proposed buyout of
InVision has been given the antitrust go-ahead, provided the merged
company sell off YXLON within six months.
As we'd mentioned in earlier posts, the FTC had been looking at the
proposed buyout from an antitrust point of view. InVision is still
facing several other probes in connection with suspicious trade
activity, but with the FTC's blessing the buyout is likely to proceed.
Regards,
Chris
--
Chris Coughlin / NTIAC / 415 Crystal Creek Drive / Austin TX 78746
Phone (800)684-2239 or (512)263-2101x227 / FAX (512)263-3530
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