A U-Turn to Avoid Regulatory Roadblocks
Just as signs of life are emerging from the deal market with credit thawing and companies peeking out from their protective shells, Utz Quality Foods pulled out of a deal to be acquired by Snyder's of Hanover after the FTC requested more details from the company in a second round of information-gathering done as the commission reviewed the deal for approval. The collapse of the deal raises questions about whether an increased regulatory climate could stall the comeback of corporate unions.
