Whirlpool's Purchase Of Maytag Approved

The merger between Whirlpool Corp. (WHR) and Maytag Corp. (MYG) received regulatory approval paving the way for the nation's largest appliance manufacturer to purchase the number three company. Whirlpool stock leaped $6.38 to close at $95.95 while shares of Maytag jumped $4.73 to close at $21.81.