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/biz/ - Business & Finance

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>> No.28691793 [View]
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28691793

>>28688713
>The HSR Act provides that parties must not complete certain mergers, acquisitions or transfers of securities or assets, including grants of executive compensation, until they have made a detailed filing with the U.S. Federal Trade Commission and Department of Justice and waited for those agencies to determine that the transaction will not adversely affect U.S. commerce under the antitrust laws.
I believe the termination request is to speed up the process, and not have the waiting period to acquire the shares.

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