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Griswold Defends ITT Settlement as Superior to Supreme Court Win
Solicitor General Erwin Griswold told the Senate Judiciary Committee the out-of-court ITT Hartford merger settlement was a far better bargain for the government than a Supreme Court victory. He called the deal a substantial victory and a precedent deterring future conglomerate mergers, noting ITT must divest subsidiaries worth over $1 billion.
MENTIONED IN THIS ARTICLE
Washington
UPI
Erwin Griswold
U. S
Supreme Court
Griswold
Yale Law School
Admnistration
International Telephone and Telegraph Corp
Hartford Fire Insurance Co
Senate Judiciary Committee
Senate
Richard G. Kleindienst
John N. Mitchell
Marceh 1
Nixon
Lyndon B. Johnson
ITT
Hartford Life Griswold
Owith