The Federal Trade Commission gave Kansas City, Kan.-based Epiq Systems Inc. the go-ahead to purchase a New York-based electronic legal services provider.
The FTC announced on Tuesday that it had provided Epiq (NASDAQ: EPIQ) early clearance of antitrust concerns to buy De Novo Legal LLC.
Epiq, a software company that supports the legal profession in electronic discovery and document review services, ranked 20th on the Kansas City Business Journal’s list of area public companies, based on revenue of $247.17 million in 2010.
Representatives of Epiq and De Novo could not be reached immediately for comment. A De Novo employee declined to answer questions about company details, including a current employee count, saying that there had been recent changes.
via FTC clears Epiq’s planned purchase of De Novo Legal – Kansas City Business Journal.