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The Federal Trade Commission is holding up Wal-Mart's acquisition of Puerto Rico's Supermercados Amigos chain, insisting that the discount giant find a buyer for divested stores before it closes the deal. Sources said the Amigos deal offers the best insight yet into FTC Chairman Timothy J. Muris' approach to retail mergers. The agency for the first time has included club stores in the market definition.
August 27, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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