FTC Clears DOD Contractor's $180M Supply Chain Co. Buy

Law360, New York (June 6, 2011, 4:50 PM EDT) -- The Federal Trade Commission on Friday granted an early termination of its antitrust review of government contractor VSE Corp.'s deal to buy supply chain management company Wheeler Bros. Inc. for $180 million.

The early termination means the FTC has wrapped up its review and has decided against taking any enforcement action within the statutory waiting period — bringing VSE one step closer to closing the deal it announced May 3.

WBI supplies vehicle parts to the U.S. Postal Service and the U.S. Department of Defense. VSE...
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