FTC Sues to Block $3.5B Covetrus-MWI Deal (Update)

FTC sues to block $3.5B Covetrus-MWI deal (update)

The FTC is expected to sue Friday to block Covetrus' $3.5 billion purchase of MWI Veterinary Supply, citing a highly concentrated market.

US FTC sues to block Cencora’s $3.5 billion sale of veterinary unit to Covetrus - Regional Media News

Nov 13 (Reuters) - The US antitrust regulator filed a lawsuit on Friday in a New York federal court to block Cencora's $3.5 billion sale of its MWI Animal Health unit to veterinary supplier Covetrus, arguing the deal would raise costs for clinics and pet [...]

Exclusive: FTC to block $3.5B veterinary merger

Chairman Andrew Ferguson has stepped up his regulatory oversight.

NYS AG James Sues Nation’s Largest Distributors of Veterinary Supplies to Ensure Fair Health Care Prices

Merger of Covetrus and MWI Will Likely Lead to Higher Prices for Veterinary Care Across the Country  AG James Joins FTC and 12 Other States in Suing to Block Merger  NEW YORK – New York Attorney General Letitia James today joined a bipartisan coalition of 12 other states and the Federal Trade Commission (FTC) in […]

FTC to block $3.5B veterinary merger

The Scoop The FTC is flexing its regulatory muscle again. The antitrust regulator is planning to file suit to block a $3.5 billion veterinary deal later today, according to people familiar with the matter, seeking to prevent a private equity-owned company from acquiring a smaller rival. The…