FTC’s Khan Lands 2-0 Winning Streak With Lockheed Deal Collapse

Lina Khan

Photographer: Saul Loeb/AFP/Bloomberg

Lock
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U.S. Federal Trade Commission Chair Lina Khan just notched her second major merger win in the span of a week -- all without stepping foot into court.

Lockheed Martin Corp.’s announcement Sunday that it’s abandoning its proposed acquisition of Aerojet Rocketdyne Holdings Inc. came a week after chipmaker Nvidia Corp. walked away from its bid to buy Arm Ltd. from SoftBank Group Corp.