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News/Booz Allen Defeats DOJ’s Latest Bid to Halt Merger Pending Appeal
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Booz Allen Defeats DOJ’s Latest Bid to Halt Merger Pending Appeal

The Justice Department lost its latest effort to pause Booz Allen Hamilton’s $440 million acquisition of competitor EverWatch while it considers appealing an order allowing the deal to proceed. The Justice Department’s antitrust division had asked again to pause the merger pending appeal after losing its motion for a preliminary injunction earlier in the month. Blake also rejected the government’s request for the court to “hold all assets separate” in the event the deal closed because it lacked clarity.

More at Blooomberg Law

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