FTC launches antitrust probe into $9.6B Subway merger: source
The Federal Trade Commission has launched an antitrust probe into Roark Capital's $9.6 billion acquisition of Subway Restaurants, a source told the Post.
Source: nypost.com
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The Federal Trade Commission has launched an antitrust probe into Roark Capital's $9.6 billion acquisition of Subway Restaurants, a source told the Post.
Subway's deal to sell itself for a whopping $9.6 billion could face more antitrust scrutiny than expected, sources said -- and a major sticking point could be strict competitive rules the chain has placed on its own franchisees, The Post has learned.