FTC Requires Dollar Tree and Family Dollar to Divest 330 Stores as Condition of Merger

Discount retailers Dollar Tree, Inc. and Family Dollar Stores, Inc. have agreed to sell 330 Family Dollar stores to a private equity firm, Sycamore Partners, to settle Federal Trade Commission charges that Dollar Tree’s proposed $9.2 billion acquisition of Family Dollar would likely be anticompetitive.  According to the FTC’s complaint, Dollar Tree and Family Dollar […]

FTC Closes Seven-month Investigation of Proposed Office Depot/OfficeMax Merger

The Federal Trade Commission has unanimously voted to close its seven-month investigation into the proposed $1.2 billion merger of office supply superstores Office Depot, Inc. and OfficeMax, Inc. and has issued a Commission statement detailing the basis for its decision. While the FTC successfully challenged the proposed merger of office supply superstores Staples, Inc., and […]

FTC Puts Conditions on Simon Property Group’s Acquisition of Prime Outlets

The Federal Trade Commission is requiring Simon Property Group, Inc. to divest property and modify tenant leases as part of a settlement designed to preserve outlet center competition in parts of southwest Ohio, Chicago, Illinois, and Orlando, Florida, in the wake of Simon’s purchase of Prime Outlets Acquisition Company, LLC. Under the proposed settlement, Simon […]