What You Need To Know:
Some deals will be allowed to close only after the parties agree to divest some assets to satisfy antitrust concerns.
Buying divested assets can be a significant business opportunity for your company.
Antitrust counsel can help you position your company for that opportunity, and help you avoid statements that can come back to haunt you.
In the final weeks of 2020, opportunity knocked for Sazerac Company, Inc (Sazerac), Precept Brands LLC (Precept), and Vie-Del Company (Vie-Del) and each opened the door.
After a 20-month investigation that found E. & J. Gallo Winery’s (Gallo) proposed $1.7 billion purchase of certain assets from Constellation Brands Inc. (Constellation) would eliminate head-to-head competition between Gallo and Constellation and likely substantially lessen competition in the U.S. for six types of wine and spirits products, the Federal Trade Commission (FTC) allowed the transaction to move forward with some help from Sazerac, Precept, and