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The FTC Ordered NVA to Divest 11 New Locations
In June, the Federal Trade Commission ordered NVA to divest 11 new locations after you acquired a couple smaller pet hospital chains. FTC Chair Lena Kahn said that serial acquisitions can be used by private equity firms and other corporations to roll up sectors. "We're very pleased with the outcome and the process that we worked through with the FTC to ensure that consumers' rights were upheld," he says.