- The U.S. Federal Trade Commission is said to be considering whether to bring legal action against Northrop Grumman ( NYSE: NOC ) related to its 2018 purchase of solid rocket maker Orbital ATK for $9.2 billion. Northrop ticked lower on the report.
- The antitrust regulator is said to be considering the legal action related to alleged violations of a settlement agreement that allowed for Northrop's ( NOC ) acquisition of Orbital, according to a Politico report , which cited
- The FTC and the Dept. of Justice have never in their history attempted to undo a deal that was part of a negotiated settlement between the companies and the antitrust regulators, according to Politico.
- Developing story ...
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FTC said to weigh legal action against Northrop over 2018 Orbital purchase