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BUSINESS
April 24, 2003 | E. Scott Reckard, Times Staff Writer
Avery Dennison Corp. competitors, whose planned merger led to a federal investigation of the label industry, said Wednesday that they would take on the Justice Department in federal court in an effort to complete their deal. The Justice Department filed a civil lawsuit last week in Chicago to block the $420-million acquisition of Morgan Adhesives Co. of Stow, Ohio, a unit of Minneapolis' Bemis Corp., by Raflatac Inc. of Fletcher, N.C.
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BUSINESS
April 24, 2003 | E. Scott Reckard, Times Staff Writer
Avery Dennison Corp. competitors, whose planned merger led to a federal investigation of the label industry, said Wednesday that they would take on the Justice Department in federal court in an effort to complete their deal. The Justice Department filed a civil lawsuit last week in Chicago to block the $420-million acquisition of Morgan Adhesives Co. of Stow, Ohio, a unit of Minneapolis' Bemis Corp., by Raflatac Inc. of Fletcher, N.C.
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BUSINESS
October 20, 2006 | Martin Zimmerman, Times Staff Writer
Avery Dennison Corp. said it was notified by the Department of Justice on Thursday that the government had closed its investigation into competitive practices in the labeling industry. Pasadena-based Avery said it was told that "no further action" would be taken in the case. Company executives declined to comment further. The Justice Department couldn't be reached for comment late Thursday.
BUSINESS
July 26, 2003 | James F. Peltz, Times Staff Writer
A federal antitrust probe that ensnared label-making giant Avery Dennison Corp. of Pasadena received renewed attention Friday when a judge blocked the proposed union of two Avery rivals on antitrust grounds. Asserting that "price competition will be diminished," U.S. District Judge James Zagel in Chicago issued an injunction blocking the $420-million purchase of Minneapolis-based Bemis Co.'s MACtac unit by Raflatac Inc., a Fletcher, N.C.
BUSINESS
August 19, 2003 | James F. Peltz, Times Staff Writer
Avery Dennison Corp. and one of its main rivals say they've received subpoenas from the Justice Department, confirming that federal regulators are pushing ahead with an antitrust probe of the $5-billion labeling market. Pasadena-based Avery, which commands about half of the market, said it was subpoenaed Friday in connection with the investigation. The company made the disclosure the same day in a filing with the Securities and Exchange Commission.
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