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Flow, Omax merger cleared

July 2008 - Flow International Corp., Kent, Wash., announced that the U.S. Federal Trade Commission accepted a decree allowing the company's merger with Omax Corp., Kent, Wash. As part of the consent decree, Flow will make royalty-free licenses to Omax's U.S. patents available to other waterjet companies, although the licenses don't include technology transfer and will expire in five years.
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BROOD OVER CRUDE

A sharp drop in oil pricing has a ripple effect but how far it spreads depends on timing and fortitude.

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