Analysis

Why A Rare Tie Vote Doesn't Foretell Roadblocks At FTC

Law360, New York (September 20, 2017, 8:10 PM EDT) -- Tuesday's decision to let Walgreens forge ahead with its $4.4 billion acquisition of nearly 2,000 Rite Aid stores highlights the inherent risk of leaving the Federal Trade Commission with just two top decision makers, but the split's rarity underscores how well the agency has continued to function even with a historically high number of vacancies.

The federal merger waiting period for Walgreens Boots Alliance Inc.'s acquisition of 1,932 Rite Aid Corp. stores — about 250 less than planned after the agency thwarted an earlier proposal for...
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