General Motors Corp. says it will not be going ahead with plans to merge its Hughes Electronics Corp. with EchoStar Communications Corp. GM says the merger was canceled because it could not be completed within the allotted timeline due to objections. The Federal Communications Commission, along with 23 U.S. states, the Dept. of Justice and the District of Columbia and Puerto Rico all took exception to the proposed merger, blocking it for fear it would create a monopoly in the U.S. ...
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