Question: In 2 0 0 1 , General Electric Co . offered to buy Honeywell International inc for $ 4 2 B . Although both companies

In 2001, General Electric Co. offered to buy Honeywell International inc for $42B. Although both companies were US Based they both had international affiliates. In he US. The Department of Justice's Anti Trust Division cleared the merger to move forward. However, the merger was stopped by the European Regulators citing anti truct concerns. The anicipated $42B merger did not occur. Which of the following Statments is most likely true?

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