O'Reilly purchase of CSK Auto gets FTC approval

DETROIT, April 18 (Reuters) - The U.S. Federal Trade Commission has granted early termination of the required waiting period for O'Reilly Automotive Inc's (ORLY.O: Quote, Profile, Research) purchase of CSK Auto Corp CAO.N, the companies said on Friday.

CSK shareholders will receive $11 of O'Reilly stock and $1 cash for each CSK share they hold. The deal, announced on April 1, is expected to be completed this summer. (Reporting by David Bailey; editing by John Wallace)