CECO Environmental Announces Expiration Of HSR Waiting Period Satisfying One Of The Conditions To Consummate The Tender Offer
CECO Environmental Announces Expiration Of HSR Waiting Period Satisfying One Of The Conditions To Consummate The Tender Offer
CECO Environmental Corp. (NASDAQ:CECO) (together with its consolidated subsidiaries and affiliates, "CECO"), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and industrial equipment, announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ("HSR"), applicable to CECO's tender offer for Profire Energy, Inc. (NASDAQ:PFIE) ("PFIE") expired at 11:59 p.m., Eastern Time, on November 15, 2024.
CECO環保母基（納斯達克：CECO）（連同其合併子公司和附屬公司統稱爲「CECO」）是一家專注於環保的多元化工業公司，其解決方案保護人類、環境和工業設備。今天宣佈，根據1976年修正的哈特-斯科特-羅迪諾反壟斷改進法（「HSR」），適用於CECO對Profire Energy, Inc.（納斯達克：PFIE）（「PFIE」）的收購要約的等待期已經於2024年11月15日東部時間晚上11:59到期。
The expiration of the HSR waiting period satisfies one of the conditions to consummate the tender offer. Other conditions remain to be satisfied, including, among others, a minimum tender of shares of common stock of PFIE representing a majority of the total number of outstanding shares of common stock of PFIE. Unless the tender offer is extended, the offer and withdrawal rights will expire at one minute after 11:59 p.m., Eastern Time, on December 31, 2024.
The expiration of the HSR waiting period satisfies one of the conditions to consummate the tender offer. Other conditions remain to be satisfied, including, among others, a minimum tender of shares of common stock of PFIE representing a majority of the total number of outstanding shares of common stock of PFIE. Unless the tender offer is extended, the offer and withdrawal rights will expire at one minute after 11:59 p.m., Eastern Time, on December 31, 2024.
