The suit was filed in federal court in Delaware. It comes about eight months after U.S. Sugar announced it reached an agreement to acquire the Imperial Sugar Company, one of the largest sugar refiners in the nation.
WASHINGTON The Justice Department filed a lawsuit on Tuesday seeking to block a major U.S. sugar manufacturer from acquiring its rival, arguing that allow.
Attorney General Merrick Garland’s DOJ argued that the sugar merger would raise prices at a time when global supply chains are already under pressure.