Based upon the advice of Proler's special antitrust counsel, the Board is hopeful that Hart Scott Rodino Act clearance will be obtained prior to the November 29, 1996, expiration date for Schnitzer's offer.
That period would be subject to extension under certain circumstances, such as any delay in obtaining clearance under the Hart Scott Rodino Act (which has occurred in the case of the Schnitzer offer).
Fargo previously announced that on June 22, 2006 the staff of the Federal Trade Commission granted Fargo the early termination of the Hart Scott Rodino Act
waiting period, ending its review of the proposed merger.
In the event that the stockholders adopt the merger agreement, the Company anticipates that a closing will occur promptly after the special meeting, subject to the expiration of the waiting period under the Hart Scott Rodino Act
and other customary closing conditions.
NYSE:NWL) announced today that early termination of the waiting period under the Hart Scott Rodino Act
had been granted regarding its pending tender offer to acquire all outstanding shares of The Holson Burnes Group, Inc.
NASDAQ:AMRE) Monday announced that the 30 day waiting period for the Hart Scott Rodino Act
expired without a request for additional information from the Federal Trade Commission or the Justice Department.
OTCBB:FSCI) has signed an agreement to sell KJEO-TV, Fresno, CA to The Ackerley Group for $60 million, subject to FCC and Hart Scott Rodino Act
Justice Department and the Federal Trade Commission completes a Hart Scott Rodino Act
review of the competitive impacts of the acquisition.
Completion of the transaction is subject to regulatory clearance under the Hart Scott Rodino Act
and Monarch concluding acceptable financing for the purchase.
The purchase is subject to a waiting period under the Hart Scott Rodino Act
It is also subject to regulatory approval under the terms of the Hart Scott Rodino Act
The transaction is still subject to regulatory review and unless the waiting period is extended or terminated early or unless the FTC moves to block the merger, the waiting period under the Hart Scott Rodino Act
will expire the end of the day, Thursday, March 20, 1997.