BHP-Magma Copper Merger Clears U.S. Antitrust Hurdle.SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Calif.--(BUSINESS WIRE)--Dec. 20, 1995--The Broken Hill Proprietary Company Limited announced today that in connection with its subsidiary's Tender Offer for all of the shares of Magma Copper Company, the 15 calendar day waiting period prescribed by the Hart-Scott-Rodino Act Hart-Scott-Rodino Act Often used in risk arbitrage. Antitrust act administered by U.S. Department of Justice and the FTC that requires an investor to file a form with the government before he acquires an economic interest in the lesser amount of $15 million or 15% of the has expired without a request for additional information from the Department of Justice Antitrust Division or the Federal Trade Commission. Therefore, any restrictions under the Hart-Scott-Rodino Act to the consummation CONSUMMATION. The completion of a thing; as the consummation of marriage; (q.v.) the consummation of a contract, and the like. 2. A contract is said to be consummated, when everything to be done in relation to it, has been accomplished. of the Tender Offer have now been satisfied. The offer and withdrawal rights will expire at 12:00 midnight, New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. Time, on Jan. 4, 1996, unless the offer is extended. CONTACT: The Broken Hill Proprietary Company Limited Pierre Hirsch, 415/774-2030 |
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