FTC Requests More Information on Cantaloupe, 365 Retail Markets Merger

Dow Jones09-18
 

By Nicholas G. Miller

 

The Federal Trade Commission requested additional information and documentary material from Cantaloupe and 365 Retail Markets over the companies' proposed merger.

The move extends the merger's waiting period until 30 days after Cantaloupe and 365 have complied with the request.

The companies now expect the merger to close in the first half of next year, after previously expecting it to close in the second half of 2025.

In June, 365 Retail Markets, the self-checkout vending company, agreed to take Cantaloupe, a digital payment company focused on the unattended retail market, private in a deal worth $848 million.

Cantaloupe shareholders would receive $11.20 per share under the agreement.

 

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

 

(END) Dow Jones Newswires

September 18, 2025 06:40 ET (10:40 GMT)

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