FTC approves Eckerd sale
This article was originally published in The Tan Sheet
Executive Summary
FTC has completed its review of J.C. Penney's sale of its Eckerd drug store operations to The Jean Coutu Group, and CVS and has granted an early termination of the waiting period under Hart-Scott-Rodino, J.C. Penney announces June 1. The transaction is on track to close by the end of the year, firm adds. J.C. Penney announced the sale in early April (1"The Tan Sheet" April 12, 2004, p. 7)...
You may also be interested in...
Eckerd Drug Chain Split; Canada’s Jean Coutu, CVS Jump At Low Selling Price
The Jean Coutu Group is competitively positioned in the North American retail pharmacy market after its $2.4 bil. acquisition of Eckerd drug stores
Ultrahuman Expands Wearable Medtech Production Into US After $35M Funding Round
Firm operating in London, India and United Arab Emirates says its “Ultra Factory” will open in Indiana within the next six months with end-to-end production based on its operational facility in India.
Cochlear’s Osia System Receives Expanded FDA Clearance For Use In Younger Children
Kids ages 5 and up now can benefit from Cochlear’s Osia implant and sound processor, indicated for hearing loss, mixed hearing loss and single-sided sensorineural deafness.