Deals
Company News: Federal Freeze on M&A, Merck, U.S. Automakers, Lorillard Tobacco, Walgreen
The government shutdown puts some M&A on hold; Ford sales accelerate; and more
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• The shutdown of the federal government threatened to delay a wave of pending mergers and acquisitions. Most notably, the Federal Communications Commission will have to largely put on hold its reviews of Gannett’s deal to buy Belo, Tribune’s pending purchase of Local TV, and Sinclair Broadcast’s agreement to acquire Allbritton Communications.
