Market Overview

AGL Resources, Nicor Receive Antitrust Clearance


AGL Resources (NYSE: AGL) and Nicor Inc. (NYSE: GAS) today announced that the companies have received early termination of the Hart-Scott-Rodino Antitrust Improvements Act waiting period from the Department of Justice and Federal Trade Commission as requested.

This decision terminates the government's antitrust review and allows the parties to close the transaction consistent with the antitrust laws. The merger is conditioned upon the approval of the shareholders of both companies, as well as other regulatory approvals, including the Illinois Commerce Commission.

Posted-In: News M&A


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