In Brief: CVS-Revco merger
This article was originally published in The Tan Sheet
CVS-Revco merger: FTC votes 4-0 to give final approval to consent order requiring CVS to sell 120 stores in Virginia and Binghamton, N.Y. to qualify for Revco acquisition, the agency announces Aug. 15. FTC alleged that the merger would cause the combined entity to have a dominant position in the two regional markets, giving the chain the ability to increase prices in the wake of decreased competition ("The Tan Sheet" June 2, p. 16)...
You may also be interested in...
Perrigo promotes in pricing, planning
Combe sells most of its OTC brands
Finalization of a settlement between the Federal Trade Commission and Rexall Sundown regarding unsupported cellulite treatment claims for the firm's Cellasene dietary supplement hinges upon approval of two related class action settlements pending in California and Florida, according to FTC