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Delayed acquisition process

Another foreign antitrust agency has decided to suspend the approval of Korean Airs acquisition of Asiana Airlines. The U.S. Department of Justice reportedly said Tuesday it would watch more of Korean Airs remedies to address the regulators concerns over the planned acquisition before deciding whether to approve it. A day earlier, Britains Competition and Markets Authority put the brakes on Korean Airs bid, calling for similar corrective actions. The flag carrier should go all out to seal the ac...
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