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Legal Mag > Blog > Deals & Transactions > Merger of Southeast-Based Sugar Refiners Survives Biden Administration’s First Antitrust Suit
Deals & Transactions

Merger of Southeast-Based Sugar Refiners Survives Biden Administration’s First Antitrust Suit

Press Room
Press Room 4 months ago
Updated 2022/09/24 at 1:16 AM
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The merger of two sugar companies won’t constitute a monopoly of the sugar market in the Southeastern United States, a Delaware federal judge decided Friday.

U.S. District Judge Maryellen Noreika found the acquisition of Port Wentworth, Georgia-based Imperial Sugar Co. by rival Clewiston, Florida-based U.S. Sugar Corp. doesn’t violate Chapter 7 of the Clayton Act, issuing a sealed opinion and a judgment in favor of the companies, who were represented by teams led by Cravath, Swaine & Moore and Latham & Watkins, respectively.

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Press Room September 24, 2022
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