FTC likely to approve J&J-Synthes deal
- 4:17 PM — May 30 —
- Source: TheDeal.com
by William McConnell in Washington | Published May 30, 2012 at 4:14 PM The Federal Trade Commission is expected to approve Johnson & Johnson's $21.3 billion purchase of Swiss-American orthopedic devices maker Synthes Inc. as early as Friday, June 1, which would complete a nearly yearlong review of the deal and possibly allow J&J to close its largest-ever acquisition next week, according to arbitrageurs tracking the deal. Read More
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