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DOJ Challenges Closed $4.3B Parker Hannifin Deal

By Melissa Lipman ( September 26, 2017, 3:36 PM EDT) -- The U.S. Department of Justice sued Tuesday to partially unwind Parker Hannifin's $4.3 billion acquisition of rival Clarcor, saying the consummated merger combined the only two domestic companies making aviation fuel filtration systems used by the military and airlines....

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