FTC Puts Conditions on AmeriGas’s Proposed Acquisition of Rival Propane Distributor Heritage Propane

The Federal Trade Commission will require AmeriGas L.P. and Energy Transfer Partners L.P. (ETP), two of the nation’s largest propane distributors, to amend AmeriGas’s proposed acquisition of ETP’s Heritage Propane business as part of a settlement with the FTC. The settlement resolves FTC charges that the deal, as originally proposed, would have reduced competition and […]