FTC Puts Conditions on Merger of Auto Parts Suppliers ZF Friedrichshafen AG and TRW Automotive Holdings Corp.

Two of the world’s largest auto parts suppliers, ZF Friedrichshafen AG and TRW Automotive Holdings Corp., have agreed to divest TRW’s linkage and suspension business in North America and Europe, to settle Federal Trade Commission charges that their proposed $12.4 billion merger would likely harm competition in the North American market for heavy vehicle tie […]

FTC Approves Modified Final Order in Hertz Acquisition of Dollar Thrifty

The Federal Trade Commission has approved a slightly modified version of a settlement requiring Hertz Global Holdings, Inc. to sell a number of assets in conjunction with its $2.3 billion acquisition of Dollar Thrifty Automotive Group, Inc. Under the settlement with the FTC, Hertz agreed to sell its Advantage Rent A Car business to Financial […]