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FTC Sues to Block $3.5 Billion MWI Animal Health-Covetrus Merger

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FTC Sues to Block $3.5 Billion MWI Animal Health-Covetrus Merger

Federal regulators argue the proposed acquisition would eliminate significant competition in veterinary product distribution, while Covetrus maintains veterinarians have numerous alternative purchasing options.

Directly affected

  • No company is named in this report.

Indirectly affected

  • No related companies are mapped for this report yet.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

FTC Sues to Block $3.5 Billion MWI Animal Health-Covetrus Merger Bovine Veterinarian

Source: Bovine Veterinarian

This story

12 out of 100

“FTC Sues to Block $3.5 Billion MWI Animal Health-Covetrus Merger” scores 12 out of 100. The score uses 1 sources.