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Parker Hannifin has offered the US Department of Justice concessions, including selling the aviation fuel filtration business, to address the agency's post-closing challenge to its $4.3 billion Clarcor acquisition.
“The U.S. Department of Justice has received an offer from industrial equipment manufacturer Parker Hannifin to sell the aviation fuel filtration business at the center of the agency's post-closing challenge to its $4.3 billion Clarcor acquisition.”law360.com
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