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Bankrupt Grocer May Push FTC To Dig Deeper On Divestitures

Law360, New York (December 4, 2015, 6:41 PM EST) -- After Albertsons recently reacquired 30 stores it sold to a small, now bankrupt, grocery chain to win approval for its $9.2 billion merger with Safeway, experts say the Federal Trade Commission may take an even more intense look at the financials of would-be divestiture buyers in deal reviews.

A U.S. bankruptcy judge on Nov. 24 signed off on a deal for Albertsons LLC to pay $14 million to buy back 30 of the 146 stores it originally sold to Haggen Holdings Inc. in order to secure...
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