Whirlpool and Maytag said this morning that the Antitrust Division of the U.S. Department of Justice issued a request for additional information and documents regarding their proposed merger. They added that a second such request is typical in transactions of this nature.
Whirlpool and Maytag said they are working closely with Justice and plan to cooperate fully with its investigation, and will respond promptly to this latest request. They still expect the transaction to close as early as the first quarter of 2006, following approval from Maytag shareholders and regulatory clearance.
Whirlpool Corporation (Benton Harbor, Michigan, U.S.) is one of the world leaders in appliance manufacturing, with annual sales of more than U.S. $13 billion. It has 68,000 employees in nearly 50 manufacturing and technology research centers worldwide. It markets Whirlpool, KitchenAid, Brastemp, Bauknecht, Consul, and other brands in more than 170 countries.
Maytag Corporation (Newton, Iowa, U.S.) is a $4.7 billion home and commercial appliance company focused in North America and in some international markets. Its primary brands are Maytag(R), Hoover(R), Jenn-Air(R), Amana(R), Dixie-Narco(R) and Jade(R).
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