CVS/Eckerd deal
This article was originally published in The Rose Sheet
Executive Summary
CVS will voluntarily refile its pre-merger notification and report form to comply with a request from the Federal Trade Commission, company announces May 14. The retailer's original April 16 submission prompted an informal request from FTC staff for additional information regarding the transaction, in which CVS will purchase about 1,260 Eckerd stores from J.C. Penney (1"The Rose Sheet" April 12, 2004, In Brief). The refiling allows FTC more time to "review the information submitted by CVS before the staff must determine what additional information, if any, it will formally request," according to CVS...