TechTeam Global and Stefanini International Announce Early Termination of HSR Waiting Period
TechTeam Global, Inc. (Nasdaq: TEAM) and Stefanini International Holdings Ltd today announced that the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott Rodino Antitrust Improvements Act of 1976, as amended relating to their previously announced acquisition of all outstanding shares of common stock of the Company by Platinum Merger Sub, Inc., a subsidiary of Stefanini.
Accordingly, the condition with respect to the expiration or termination of the waiting period under the HSR Act has been satisfied.
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