We are confident that with the reduced
waiting period, we will be able to enhance the car buying and ownership experience of our customers," MSI Senior Executive Director (Marketing and Sales) RS Kalsi said in a statement.
"The expiration of the HSR
waiting period is an important step toward completing the proposed transaction with Albertsons, which will create a truly differentiated leader in food, health and wellness to meet the evolving needs of customers," commented Rite Aid chairman and chief executive officer John Standley.
The
waiting period can be as little as a couple of days or as long as a week.
Advocates of a 30-day
waiting period for all gun sales argue that it would give law enforcement the time needed to conduct thorough background checks on prospective buyers, as well as thwart impulse crimes.
Waiting periods are both common and common sense legislation.
Pharmaceutical company Allergan plc (NYSE:AGN) revealed on Wednesday the receipt of the US Federal Trade Commission (FTC) early termination of the
waiting period under the Hart-Scott Rodino Antitrust Improvements Act of 1976, as amended (HSR), with respect to its planned acquisition of Tobira Therapeutics (NasdaqCM:TBRA).
Though the standard
waiting period is four years, many insurers offer shorter
waiting periods too.
This week, the
waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended expired in connection with Marriott's proposed acquisition of Starwood through a business combination.
White's House Bill 1648, which came before the committee, would make it a crime to coerce or force women to have abortions, and create a 72-hour
waiting period for women who indicate they are being coerced or forced.
The number of plans moving to that
waiting period definition has increased 52 percent, and the number with longer
waiting periods has dropped 64 percent, UBA analysts report.
Pre-existing illnesses are covered after a
waiting period. So, if one has been diagnosed with a critical illness at the time of buying the policy, one will not be paid for the treatment till the
waiting period is over.
