A judge has ruled in favor of Illumina Inc in its acquisition of Grail Inc dealing a blow to the U.S. Federal Trade Commission's efforts to unwind the multi-billion-dollar deal, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
The FTC had sought to stop Illumina's $7.1 billion proposed acquisition of cancer detection test maker Grail, alleging it would harm innovation and boost prices.
https://finance.yahoo.com/news/illumina-wins-case-against-u-162330222.html
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