Steris Judge Won't Question FTC's Future-Competition Theory
By Melissa Lipman ( August 19, 2015, 9:21 PM EDT) -- An Ohio federal judge said Wednesday he would accept the future-competition theory the Federal Trade Commission is using to challenge Steris Corp.'s $1.9 billion acquisition of Synergy Health PLC, telling both sides at the close of a preliminary injunction hearing to focus only on the facts of whether the U.K. company was likely to launch new sterilization technology in the U.S....
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