Merger of CorestatesFinancial Corp./Meridian Bancorp
Joint investigation with Department of Justice of merger of two banks. Merger approved with divesitutres.
In the Matter of Wells Fargo/First Interstate Bancorp Merger
Joint investigaiton and agreement resolving competitive concners in merger of two large California banks.
Massachusetts v. SSC Associates, L.P. and Stop & Shop Companies, Inc., No. 95-12377NG (D. Mass. Oct. 18, 1995) (Consent Decree).
Joint FTC/state review of acquisition by Stop & Shop Markets of Purity Supermarket chain. FTC and State entered into separate identical consent orders requring divesitutres.
Maine v. Rite-Aid Corp., 1995-2 Trade Cas. 71, 148 (Kennebec Super. Ct. Sept. 25, 1995)
Joint merger investigation with FTC into acquistion by Rite-Aid of Brooks Pharmacies in Maine. Settlement required divestiture of up to five pharmacies and prior notification of Attorney General if Rite-Aid acquired any additional pharmacies in specified communities in the next 10 years.
In the Matter of Fleet Bank and Shawmut Bank
Plaintiff state reached agreement that allowed merger of two banks with branch divestitures and commitment to community loans.
In the Matter of Ralph’s & Yucaipa Companies
Merger of two southern California supermarket chains, parties entered into consent decree to divest 27 stores.
Maine v. Key Bank of Maine, 1991-2 Trade Cas. (CCH) 69,649 (D. Maine 1994)
Joint review by U.S./Maine of bank merger. Settled by divestitures
Washington v. Marquee Holdings, Inc., CV 05-2111 (W.D. Wash. 2005)
Plaintiff state reviewed merger of companies owning two large theater chains.
District of Columbia v. Marquee Holdings Inc. and LCE Holdings, Inc.
District of Columbia filed a complaint and a proposed stipulated final judgment simultaneously. The complaint alleged that the merger of movie chains AMC and Loews would substantially lessen competition in the District of Columbia. The stipulated final judgment requires the divestiture of one AMC theatre and one Loews theater, and prohibits the defendants from entering into contracts restricting the rights of theater landlords to rent former AMC and Loews theaters to new theater tenants.
