Thursday, June 12, 2008
US federal regulators clear Jag/Land Rover sale
What a world we live in when an Indian company needs US government approval to buy two British companies. No sweat off of Tata's brow, though, as federal antitrust regulators cleared the sale of Jaguar and Land Rover, which Ford is selling to the Indian automaker. The transaction was reviewed by the US Federal Trade Commission to ensure no antitrust issues would arise, but the procedural review ultimately yielded no cause to block the sale. Congratulations, Tata.
[ Via: Automotive News ]
[ Tag: tata buy land rover jaguar,TataBuyLandRoverJaguar,us federal antitrust jaguar land rover,UsFederalAntitrustJaguarLandRover ]
Labels: Ford, Government/Legal, Jaguar, Land Rover, Tata
Posted by Lincoln at 9:42 AM