Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
share
Email Facebook Twitter Google+ LinkedIn Comments

Thermo, Fisher to Divest $17M Product Line

Photonics.com
Aug 2006
WALTHAM, Mass. & HAMPTON, N.H., Aug. 24, 2006 -- Thermo Electron Corp. and Fisher Scientific International Inc. announced Wednesday they have received a second request for additional information from the Federal Trade Commission (FTC) in connection with the pending merger of the two companies. (See "$10.6B Deal Creates Huge Scientific Equipment Co.") The second request is limited to information concerning a single, minor product line.

Thermo and Fisher expect to resolve issues raised by the second request by agreeing to divest a $17 million product line of Fisher's. The companies also expect to obtain termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act in October.

Thermo and Fisher are working cooperatively with the staff of the European Commission in connection with its review of the proposed merger. The companies continue to expect the transaction will close in the fourth quarter of 2006, following shareholder and regulatory approvals.

For more information, visit: www.thermo.com

European CommissionFederal Trade CommissionFisher ScientificFTCHart-Scott-Rodino Antitrust Improvements ActNews & FeaturesThermo Electron

Comments
Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, info@photonics.com

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.