BELLINGS

Statement of the Department of Justice Antitrust Division on the Closing of Its Investigation of Arrive AS’s Proposed Acquisition of Passport Labs Inc.

The U.S. Department of Justice issued the following statement today in connection with the closing of the Antitrust Division’s investigation into Arrive AS’s (Arrive) proposed acquisition of Passport Labs Inc. (Passport):

The U.S. Department of Justice issued the following statement today in connection with the closing of the Antitrust Division’s investigation into Arrive AS’s (Arrive) proposed acquisition of Passport Labs Inc. (Passport):

BELLINGS Intelligence Score: 12

Why it matters

The closing of the DOJ Antitrust investigation into a proposed acquisition is a routine regulatory milestone with limited broader market impact or novelty for credit-market professionals.

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