Lay down your arms: The Tipline for 11 April 2019
It has been a little more than 16 months since Tronox claimed that the waiting period had expired on the Hart-Scott-Rodino notification of its acquisition of Cristal. That prompted the company to close the deal as soon as it could, but the Federal Trade Commission sued to block the tie-up. After a year of litigation in both federal court and the agency’s administrative tribunal, Tronox opted to make peace, offering the complete divestiture of Cristal’s North American titanium dioxide assets.
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