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FTC approves Botox-maker Allergan's takeover of Inamed

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08, 2006 FTC approves Botox-maker Allergan's takeover of Inamed ALEX VEIGA Associated Press LOS ANGELES - Federal antitrust regulators said Wednesday they approved Botox-maker Allergan Inc.'s $3.2 billion acquisition of Inamed Corp., citing an agreement with the companies to divest Inamed of its right to a potential rival to Botox.

The Federal Trade Commission voted 4-0 to clear the takeover.

A final order by the commission is expected to be issued after a 30-day public comment period.

Irvine-based Allergan said it expects to complete its exchange offer for the outstanding shares of Santa Barbara-ba...

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