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The FTC is trying to stop Covetrus from buying MWI Animal Health for $3.5 billion.

RulesRead the original at marketscreener.com
Bad for COR

The FTC's 2-0 vote to seek a permanent block puts Covetrus' $3.5 billion purchase at risk. Covetrus says it would help clinics and improve delivery, but the court challenge threatens those expected benefits.

COR · Covetrus

AI read · Bad for COR

The AI's read

A court fight could stop Covetrus from adding MWI Animal Health, ending a major expansion plan. The FTC says the combined suppliers could raise costs and reduce choice for veterinary clinics. Covetrus says the deal would help clinics and improve delivery. Online price-comparison sites also give clinics another way to compare. But the FTC has authorized staff to seek a permanent block, putting the purchase at risk.

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