The US DoJ sues to block the $4.3B acquisition of a division of a residential door hardware manufacturer by a rival (ASSA ABLOY / Spectrum)

Justice Department Sues to Block ASSA ABLOY’s Proposed Acquisition of Spectrum Brands’ Hardware and Home Improvement Division* Proposed Deal Would Combine Two of the Three Largest Competitors in Residential Door Hardware, Further Concentrating U.S. Markets The U.S. Department of Justice filed a civil antitrust lawsuit today to block ASSA ABLOY AB’s (ASSA ABLOY) proposed $4.3 billion acquisition of the Hardware and Home Improvement division of its rival, Spectrum Brands Holdings Inc