Mergers & Acquisitions Mergers & Acquisitions

US FTC defends Illumina-Grail analysis, agency's constitutionality in brief to appeals court

The US Federal Trade Commission properly analyzed Illumina’s $8 billion acquisition of Grail, and there is no constitutional defect in its structure or procedures, the agency told a federal appeals court.
“The Commission correctly applied the Clayton Act, its decision is supported by substantial evidence, and there is no constitutional

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Serafina Smith


Serafina Smith covers mergers and acquisitions for MLex from New York. Before becoming a journalist, Serafina was a paralegal supporting the United States Department of Justice, where she worked on foreign bribery and money laundering cases. She holds a master’s degree in journalism from New York University and a bachelor’s degree in linguistics from Georgetown University.

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