A PYMNTS Company

Final FTC order settling AmeriGas-Energy Transfer Partners deal remains unmodified

By  |  February 28, 2012

The FTC has voted 4-0 not to modify a final order settling charges against AmeriGas’ proposed acquisition of its rival, Heritage Propane. The order excludes from the sale Heritage Propane Express, a cylinder exchange business, thereby preserving it as a competitor. AmeriGas is the country’s largest propane distributor; Heritage Propane is owned by Energy Transfer Partners. The FTC had found that the acquisition would raise prices for propane exchange cylinders.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Source: FTC Press Release