FTC Signs Off On Grifols-Talecris Deal Divestitures

Law360, New York (June 1, 2011, 1:32 PM EDT) -- The Federal Trade Commission signed off Wednesday on Grifols SA’s antitrust-related divestitures of two plasma collection centers and a blood fractionation facility as part of its $3.4 billion purchase of rival medical researcher Talecris Biotherapeutics Holdings Corp.

The commission voted 4-0 to approve the settlement; Commissioner William E. Kovacic recused himself and Commissioner Julie Brill issued a concurring statement calling the approval "a close call" as to whether it does enough to remedy competition concerns.

The vote clears the way for the merger, announced in June...
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