A PYMNTS Company

US: Packaging companies expiration of Hart-Scott-Rodino waiting period for merger

By  |  March 11, 2015

Rock-Tenn Company and MeadWestvaco Corporation announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the pending business combination transaction between RockTenn and MWV has expired.

The 30-day waiting period is required by the Federal Trade Commission and U.S. Department of Justice as part of the premerger notification program before such a combination transaction can close.

On Feb. 6, 2015, RockTenn and MWV filed the requisite notification and report forms under the HSR Act with the U.S. antitrust authorities.

 

Full Content: Zacks

 

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.