June 25 (Reuters) - The U.S. Federal Trade Commission
said on Wednesday that candy giant Mars' proposed $36 billion
takeover of Pringles maker Kellanova ( K ) did not meet the
standard for an anticompetitive merger and that the regulator
was ending its review of the deal.
"Our job is to determine whether there is a violation of
American law that we can prove in court. And once we've
concluded there is not, our job is to get out of the way,"
Bureau of Competition Director Daniel Guarnera said in an FTC
statement announcing the early termination of the investigation.