Mar 19, 2018
General Mills receives antitrust clearance for Blue Buffalo acquisition
Acquisition establishes General Mills as the U.S. leader in wholesome natural pet food
General Mills, Inc. (NYSE:GIS) today announced that on March 16, 2018, the U.S. Federal Trade Commission granted early termination of the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. With the receipt of this clearance, the condition of the announced merger transaction for all issued and outstanding shares of common stock of Blue Buffalo Pet Products, Inc. (NASDAQ: BUFF) at a price of $40.00 per share with respect to clearance under applicable antitrust and competition laws has been completely satisfied.