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The decision follows feedback from the U.S. Federal Trade Commission (FTC) that led the companies to believe they would not receive clearance to close the deal, according to the filing.
Under Chair Lina Khan, the FTC has taken an aggressive stance on mergers. Earlier on Thursday, the commission also announced it had sued to block U.S. chip company Nvidia (NASDAQ:NVDA) Corp’s more than $80 billion planned acquisition of British chip technology provider Arm.
The Sportsman’s Warehouse deal was originally announced in December last year.
