Iron Mountain Europe Submits a Merger Notice to the Office of Fair Trading in the United Kingdom.Business Editors LONDON--(BUSINESS WIRE)--May 19, 2003 Iron Mountain Europe Limited ("IME IME Input Method Editor IME Instituto de Matemática e Estatistica (Portugese and Spanish; USP, Sao Paulo, Brazil) IME In My Experience IME Instituto Militar de Engenharia (Rio de Janeiro, Brazil) "), a UK joint venture between Iron Mountain Incorporated Iron Mountain Inc is a company specializing in data storage. The best known Iron Mountain storage facility is a high-security storage facility in a former limestone mine located near Butler, Pennsylvania in the USA in operation since 1950. and Mentmore Plc, announced today that it has submitted an indicative offer to purchase Hays IMS (1) See IP Multimedia Subsystem. (2) (Information Management System) An early IBM hierarchical DBMS for IBM mainframes. IMS was widely implemented throughout the 1970s under MVS and continues to be used under z/OS. and, following an invitation by Hays plc, it intends to participate with other short-listed parties in the second stage of the sale process. IME is today submitting a Merger Notice to the Office of Fair Trading The Office of Fair Trading or OFT is a non-ministerial government department of the United Kingdom, established by the Fair Trading Act 1973, which enforces both consumer protection and competition law, acting as the UK's economic regulator. pursuant to the Fair Trading Act 1973. The submission of this notice represents the first stage for IME in obtaining merger clearance in the UK for the potential acquisition of Hays IMS. IME has not been selected as the preferred purchaser and has not entered into any agreement with Hays plc for the purchase of Hays IMS. In accordance with certain agreements surrounding the sale process, no further comment will be forthcoming from IME, Iron Mountain Incorporated, or Mentmore Plc. |
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