FTC clears RockTenn/Smurfit deal; three funds protest amount of proposed offer

摘要

US antitrust regulators waived through RockTenn's (RKT) proposed acquisition of Smurfit-Stone Container (SSCC), but several major shareholders recently said they plan to oppose the deal. The Federal Trade Commission (FTC) granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Act of 1976, the companies announced Monday.