Case Details

Year Initiated/Committed

1997

Year Resolved

1997

Settlement Amount

n/a

Court

U.S. District Court for the Western District of New York, Rochester Division

Docket Number

6:97-CV-6161

Lead State

NY, OH, PA

Participating States

IA, IL, MO, NY, OH, PA, WI

Defendant(s)

Cargill, Inc., Akzo Nobel, N.V., Akzo Nobel, Inc., Akzo Nobel Salt, Inc.

Case Description

The U.S. and Plaintiff States sought to enjoin the merger between Cargill and Akzo, alleging that the merger would substantially impair competition in the mining and sale of salt products. Cargill and Akzo reached settlement terms with the Plaintiff States, agreeing to divest certain assets in exchange for the ability to enter the merger. Cargill agreed to divest Retsof Stockpile, relevant evaporated salt assets and relevant bulk deicing assets. Akzo agreed to divest Hampton Corners Mine rights. The Department of Justice led the investigation. See also Nixon et al., v. Cargill, Inc., No. 4:97-cv-0687 (E.D.Mo.)April 1997)