When a merger between two or more companies will have a drastic effect on competition, it’s all but expected that the new couple will sell off some of their existing operations to alleviate antitrust concerns. Even though a merger or Sprint and T-Mobile would leave the U.S. with only three national wireless carriers, the two rumored lovebirds are reportedly unwilling to part ways with any assets. [More]
divestitures
$130B DuPont, Dow Merger Approved After Companies Sell Off Some Products
The two oldest, biggest chemical companies in the country can now live happily ever after together (minus a few products), as federal antitrust regulators have given the green light to this $130 billion mega-merger. [More]
If Walgreens And Rite Aid Merge, Thousands Of Stores Might Close
Last week, Walgreens Boots Alliance, the parent company of this country’s top drugstore chain, announced that pending antitrust approval, it would buy the #3 chain, Rite Aid, for $9.4 billion. That would create two massive national drugstore chains, and also leave a lot of empty stores. One estimate is that 3,000 stores would close… not necessarily for antitrust reasons, but because the stores are simply too close together. [More]