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The Federal Trade Commission gave pharmaceutical giant Glaxo Wellcome permission to acquire SmithKline Beecham after the firms agreed to divest six businesses to rival drug companies. The FTC agreement does not require the companies to unload any of their smoking cessation businesses, though the agency did reserve the right to later seek such a sale.
December 19, 2000 at 12:00 AM
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The original version of this story was published on Law.Com
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