Petco: PetSmart-Petco merger talks stall on antitrust risk

Merger talks between Phoenix-based PetSmart Inc. and San Diego-based Petco have stalled because of disagreements over antitrust risks. Reuters reported late last week that the two pet supply retailers still are keen on clinching a deal but Petco nixed a proposal to compensate PetSmart if federal antitrust regulators end up asking for excessive store closures before blessing any deal. The risks for a deal, Reuters reports, ultimately hinge on how the Federal Trade Commission would define the pet...

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Ron Coughlin's photo - CEO of Petco


Ron Coughlin

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Petco owns and operates a chain of pet stores that specializes in offering animal nutrition and grooming products such as collars, bully sticks and toys. Read more