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What's holding up the Omnicare Inc.-NeighborCare Inc. deal? The protracted antitrust review of Omnicare's hostile bid for NeighborCare has prompted speculation as to what concerns the Federal Trade Commission might have with it. But according to sources familiar with the review, the delay owes less to antitrust issues than to poor advice by Omnicare's counsel, Dewey Ballantine, and foot-dragging by staffers at the FTC's San Francisco office, which is handling the case.
May 05, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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