General Mills receives antitrust clearance for Blue Buffalo acquisition
General Mills has announced that the U.S. Federal Trade Commission (FTC) granted early termination of the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.
General Mills has announced that the U.S. Federal Trade Commission (FTC) granted early termination of the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. With the receipt of this clearance, the condition of the announced merger transaction for all issued and outstanding shares of common stock of Blue Buffalo Pet Products at a price of $40 per share with respect to clearance under applicable antitrust and competition laws has been completely satisfied. The closing of the transaction remains subject to the satisfaction of certain other conditions. General Mills continues to expect the transaction to close by May 2018.
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