US Sugar Defeats DOJ’s Bid to Block Imperial Sugar Acquisition (2)

The Justice Department lost its bid to block US Sugar Corp.‘s proposed acquisition of rival Imperial Sugar, after a Delaware judge said the deal doesn’t violate antitrust law.

Judge Maryellen Noreika of the US District Court for the District of Delaware wrote in an order released with her one-page ruling on Sept. 23 that the full opinion be kept under seal to protect confidential third-party information.

The DOJ’s Antitrust Division sued to stop the deal in November 2021, arguing it would eliminate competition among refined sugar companies and drive up prices for consumers. US Sugar is the world’s largest ...