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FTC Won't Pause Challenge To $2.4B Tronox-Cristal Deal

By Chuck Stanley ( May 17, 2018, 8:18 PM EDT) -- The Federal Trade Commission on Wednesday rejected a bid to pause a challenge to Tronox Ltd.'s proposed $2.4 billion purchase of the Saudi-owned chemical mining company Cristal to allow for settlement negotiations, saying commission rules require a "specific settlement proposal" to stay a proceeding....

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