Justice Department Approves Sale of Dairy Producer Amid Antitrust Concerns

In a move that could transform the dairy industry, the Department of Justice on Friday approved the sale of most of the assets of Dean Food Company to the Dairy Farmers of America, a move some experts say will allow the coop to control up to 70% of the country’s milk production.

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Fantasy Sports Company Founders, Former Employees Sue Over Merger

The founders of fantasy sports company FanDuel claim in a suit filed in New York state court Wednesday that its board of directors and private equity firms undervalued the company ahead of merger and intentionally deprived employees and investors of their common shares without compensation. 

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Judge Hears Final Pitches on Proposed Merger of Sprint and T-Mobile

The coalition of states that sued to block T-Mobile’s planned acquisition of Sprint made their closing arguments Wednesday to convince a federal judge that the $26.5 billion merger of third- and fourth-largest U.S. wireless carriers is anticompetitive and would raise prices for consumers.

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