Ecolab Inc. ECL announced that it continues to be in active and ongoing
discussions with the Antitrust Division of the U.S. Department of Justice
(DOJ) regarding Ecolab's filing under the Hart-Scott-Rodino Antitrust
Improvements Act of 1976 (the “HSR Act”) with respect to Ecolab's previously
announced agreement to acquire Champion Technologies. Further, Ecolab and
Champion have entered into a timing agreement with the DOJ to extend the
waiting period under the HSR Act for the DOJ's review of the transaction until
February 28, 2013.
While Ecolab remains confident that it can address the DOJ's remaining issues,
it of course remains possible that the transaction will not be completed on
the timing discussed or at all.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: News
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in