0 results for 'Whirlpool'
An administrative law judge at the ITC has rejected the last of Whirlpool's patent infringement claims against LG, clearing the way for LG to go on offense against Whirlpool.
Whirlpool, Maytag in DOJ Review
Whirlpool Corp. and Maytag Corp. said Thursday they have complied with the government's second request in the antitrust review of the $1.4 billion merger. However, a close reading of the announcement reveals several troubling developments. Whirlpool said it would not close the deal before Feb. 27 without Department of Justice approval. And the company did not clearly state that the agency agrees the partners are in compliance, which left risk arbitrageurs assuming the agency has not opined on the matter.DOJ Extends Review of Whirlpool's Proposed Maytag Acquisition
The U.S. Justice Department will extend its review of Whirlpool Corp.'s proposed $1.79 billion acquisition of rival appliance-maker Maytag Corp., the companies say. Whirlpool and Maytag said Monday that they will not close the deal until March 30 without Justice Department approval. Combining the competing appliance makers would create a market giant producing half of the nation's dishwashers and more than 70 percent of its clothes washers and dryers.Whirlpool Buying Hefei Sanyo Stake For $552 Million
Whirlpool is buying a majority stake in Chinese appliance maker Hefei Rongshida Sanyo Electric Co. Ltd. for about $552 million.Whirlpool 3Q earnings fall, lifts 2010 guidance
Whirlpool Corp.'s third-quarter net income dropped 9 percent, stung by a subsidiary's antitrust plea agreements.Maytag Deal: Up to You, Whirpool
With the original buyout bidder for Maytag Corp. on Monday pocketing a break-up fee and turning the auction for the ailing icon over to Whirlpool Corp., the focus in the three-month saga shifted to how the combination of the two appliance makers would fare. At $2.7 billion, Whirlpool's bid richly values Maytag, but the deal faces a number of challenges before -- and after -- closing. For starters, antitrust officials are likely to demand shedding some lines before signing off on the deal.Small Firms Use Flat Fees to Gain Edge
Whirlpool's fee arrangement with Warner Norcross is the latest example of flat-fee arrangements between law firms and corporations. Such relationships are often tied to convergence, or the consolidation of outside law firms. They can also be a prime opportunity for small to midsize law firms to collect work from marquee-level clients. "If we can give them predictability and learn to live with an appropriate set of incentives, they're happy and we're happy," said Jay Cragwall, a Warner Norcross litigator.Whirlpool Profit Leaps, Boosts Outlook For Year
Whirlpool's second-quarter net income soared 75 percent as demand improved for its appliances and it benefited from some tax credits.Trending Stories
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