Quotient Reports Expiration Of HSR Waiting Period For Acquisition By Neptune Retail Solutions
Portfolio Pulse from Benzinga Newsdesk
Quotient Technology Inc. has announced the expiration of the HSR waiting period for its acquisition by Neptune Retail Solutions. The completion of the transaction is still subject to the satisfaction of the remaining customary closing conditions, including approval by Quotient stockholders.
August 04, 2023 | 10:37 am
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Quotient's acquisition by Neptune Retail Solutions has passed the HSR waiting period. The deal is still subject to approval by Quotient stockholders.
The expiration of the HSR waiting period is a significant step towards the completion of the acquisition. However, the deal is still subject to approval by Quotient stockholders, which introduces uncertainty. This could lead to neutral short-term price movement for Quotient's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100