Avid Bioservices Announces Expiration of Hart-Scott-Rodino Waiting Period for Pending Acquisition by GHO and Ampersand
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Avid Bioservices announced the expiration of the Hart-Scott-Rodino waiting period for its pending acquisition by GHO Capital Partners and Ampersand Capital Partners. This is a significant step towards the completion of the acquisition.
December 30, 2024 | 2:15 pm
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Avid Bioservices' acquisition by GHO and Ampersand is progressing as the HSR waiting period has expired, indicating regulatory clearance and moving the deal closer to completion.
The expiration of the HSR waiting period is a regulatory milestone that suggests the acquisition is on track, likely boosting investor confidence and positively impacting Avid's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100