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The Federal Trade Commission has given the go-ahead for Johnson & Johnson(JNJ Quote) to acquire Pfizer's(PFE Quote) consumer products division.
The agency's decision, announced after the markets had closed Tuesday, means the $16.6 billion cash transaction should be completed by year-end. The European Union approved the deal on Monday.
Approval by both regulators included a requirement that a handful of products be sold, and the companies have complied. ...
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