Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

FTC seeks to block Heinz from Beech-Nut buyout

Published on .

The Federal Trade Commission last week said it would seek a preliminary injunction to block H.J. Heinz Co.'s pending $185 million acquisition of Milnot Holding Co., owner of Beech-Nut baby food. The FTC cited concern that combining Heinz and Beech-Nut would violate federal antitrust laws by creating a duopoly between leader Gerber Products Co. and the new Heinz/Beech-Nut, which together would control 98% of the U.S. baby food market. Heinz said it intends to defend the acquisition.

Copyright July 2000, Crain Communications Inc.

Most Popular
In this article: