International Paper Company Announces Expiration Of The Waiting Period Under The Hart-Scott-Rodino Act For The Proposed Combination Of DS Smith With International Paper
Portfolio Pulse from Benzinga Newsdesk
International Paper Company has announced the expiration of the waiting period under the Hart-Scott-Rodino Act for its proposed combination with DS Smith. This regulatory milestone is a significant step towards the completion of the merger.
June 25, 2024 | 11:11 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
International Paper Company has reached a key regulatory milestone with the expiration of the Hart-Scott-Rodino Act waiting period for its proposed combination with DS Smith. This development brings the merger closer to completion.
The expiration of the Hart-Scott-Rodino Act waiting period is a significant regulatory milestone that indicates progress towards the completion of the merger. This is likely to be viewed positively by investors, potentially boosting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100