(NYSE: ZAYO) has announced the early termination of the waiting period
under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"), in connection with the previously announced acquisition by affiliates of Digital Colony Partners ("Digital Colony") and the EQT Infrastructure IV fund ("EQT" or "EQT Infrastructure").
The DoJ noted that the companies failed to observe the required waiting period
. The complaint indicated that the scheme devised by Canon and Toshiba "had no purpose" other than to complete the sale of TMSC prior to March 31, 2016, and avoid the HSR Act's waiting period
The termination of the waiting period
under the HSR Act satisfies one of the conditions to the closing of the pending acquisition, which remains subject to other customary closing conditions, including approval from Anadarko's stockholders.
Currently Brezza has a waiting period
of four-six weeks.
At present, the model has a waiting period
of four-six weeks.
The expiration of the waiting period
is one of the conditions needed for the completion of the transaction.
The law requires that mergers cannot move ahead before the completion of a waiting period
designed to give the Federal Trade Commission and the Department of Justice time to investigate and sign off on the transaction.
According to the researchers, having a waiting period
between when people buy a gun and when they receive it creates time for people to reflect upon their plans, which is what helps reduce the gun-related violence.
Also, three-quarters favor enacting a 30-day waiting period
for all gun purchases and 70% favor requiring all privately owned guns to be registered with the police.
On October 2 Polk County District Court Judge Jeffrey Farrell ruled that Iowa's three-day waiting period
is constitutional, rejecting a challenge from Planned Parenthood of the Heartland and the American Civil Liberties Union of Iowa, which sued in May.
M2 PHARMA-October 20, 2016-Allergan reports expiry of Hart-Scott-Rodino Waiting Period
for proposed acquisition of Tobira