Nestle, Ralston Deal Slated For FTC Approval

12/11/2001 |, The

The Federal Trade Commission is expected to approve Nestle's $10.3 billion acquisition of Ralston Purina Dec. 11. The divestiture of Ralston's Meow Mix line apparently sealed the deal for Nestle. An agreement would end an 11-month approval process, reportedly the longest for the FTC.

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