Reuters logo
U.S. files antitrust lawsuit against Parker-Hannifin over merger -source
September 26, 2017 / 6:49 PM / in 23 days

U.S. files antitrust lawsuit against Parker-Hannifin over merger -source

WASHINGTON, Sept 26 (Reuters) - The U.S. Justice Department has filed an antitrust lawsuit against Parker-Hannifin with a goal of un-doing its merger with Clarcor Inc, a source familiar with the situation said on Tuesday.

Parker-Hannifin, whose motion and control systems are used in a variety of industries, announced the $4.3 billion deal in December. It closed in February. (Reporting by Diane Bartz; Editing by Paul Simao)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below