Precision Castparts Clears U.S. Waiting Period for SPS Acquisition
Precision Castparts Clears U.S. Waiting Period for SPS Acquisition
John L. Wolz
Precision Castparts Corp. moved a step closer to acquisition of SPS Technologies Inc. as the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act has expired. Precision Castparts has also filed premerger notifications in Romania, Germany, France, and Brazil. The review periods for Romania, Germany, and France will expire, absent further requests for information or further government action, on or about November 19, 2003. Brazil does not impose a mandatory waiting period prior to closing a transaction.
SPS shareholders will vote on the merger Dec. 2, 2003. Copies of the Registration Statement and any related documents filed with the SEC can be obtained free at sec.gov. �2003 FastenerNews.com
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