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Technology Stocks : Intel Corporation (INTC)
INTC 33.62-4.2%3:59 PM EST
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To: nihil who wrote (71465)1/15/1999 8:08:00 AM
From: Craig M. Newmark  Read Replies (2) of 186894
 
Re: "DOJ, of course, could not oppose the takeover unless
some other purchaser of distressed companies could be found."

I understand this to be tongue-in-cheek. If not, please advise what provision of the antitrust laws suggests that the DOJ could not oppose Intel acquiring AMD. In the past, the FTC has opposed a takeover resulting in a firm's failure when no other buyer could be found. And, while the "failing firm" defense is supposed to make the DOJ look more favorably on a merger they would otherwise oppose, I don't believe it mandates that they allow it.

Craig
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