FTC Clears Warburg's $438M Rural/Metro Buyout
The FTC granted early termination of its merger review, finding that Warburg Pincus’ plan to take Rural/Metro private poses no threat to competition in the sector.
Warburg Pincus said March 28 that it would buy Rural/Metro's shares for $17.25 each in cash in a deal geared toward maximizing the long-term value of the business. That price marked a 28 percent...
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