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Pa. Cement Co. $151M Merger Ditched Under FTC Challenge

By Melissa Angell (June 4, 2021, 10:30 PM EDT) -- Lehigh Cement Co.'s $151 million plan to acquire one of its largest rivals in the cement market went bust Friday after the Federal Trade Commission challenged the proposed deal and raised concerns the merger would harm regional competition in the nearby gray portland cement market....

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