The U.S. Department of Justice closed its investigation into a transportation industry merger.
Retained by Kirkland & Ellis
Counsel for Bain Capital retained Aviv Nevo of the University of Pennsylvania and Cornerstone Research to provide economic analyses during the regulatory review of the proposed merger. Professor Nevo and Cornerstone Research staff assessed the relevant antitrust markets and evaluated the potential competitive effects associated with the transaction.
Bain Capital announced the merger in January 2016 and the transaction was closed in August 2016 after the DOJ closed its investigation.