FTC Clears Alliance Data's $356M Aspen Merger

Law360, New York (May 9, 2011, 6:13 PM EDT) -- The Federal Trade Commission on Friday cleared Dallas-based Alliance Data Systems Corp. marketing services unit Epsilon's $345 million acquisition of Illinois-based Aspen Marketing Services.

The FTC announced it had decided to grant early termination of its review of the deal, which would add Aspen's management team and 750 employees to Epsilon, helping it reach $1 billion in annual revenues and $250 million in earnings before interest, taxes, depreciation and amortization by 2012, according to Alliance Data.

"Aspen is a well-admired, innovative agency that is a perfect...
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