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Strategies & Market Trends : Making Money is Main Objective

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To: Softechie who started this subject	5/24/2001 4:16:39 PM
From: Softechie	of 2155

DJ Early Antitrust Clearances Approved By FTC 24 May 15:45 WASHINGTON (Dow Jones)--The following is a list of companies or persons that the Federal Trade Commission has cleared of antitrust concerns in connection with the proposed purchase of assets or common stock: (Source - Federal Filings Business News) Name of acquiring Name of entity with person or company assets or stock acquired SMITHFIELD FOODS INC. MOYER PACKING CO. Odyssey Investment Federl-Mogul Ignition Company Partners Fund L.P. Sydsvenska Kemi AB PERSTORP AB Code, Henneseey & The Roof Center Inc. Simons III L.P. MOTOROLA INC. BLUE WAVE SYSTEMS INC. ARCH CAPITAL GROUP Altus Holdings Ltd. LTD FORSTMANN LITTLE & CO. XO COMMUNICATIONS INC. Vereniging AEGON J.C. Penney Direct Marketing Services Inc. COMPAQ COMPUTER CORP. PROXICOM INC. KANA COMMUNICATIONS INC. BROADBASE SOFTWARE INC. The above companies or persons were granted early termination of the waiting period under the Hart-Scott-Rodino Act. The termination date is 5/21/2001. The FTC provides no further information on these transactions. The Hart-Scott-Rodino Act generally requires investors to notify the Federal Trade Commission if they intend to acquire a minimum of 15% of a company's outstanding shares, or, stock or assets valued at a minimum of $15 million. The statute is designed to enable the FTC to review proposed mergers and acquisitions for possible violations of the antitrust laws. The FTC frequently grants "early termination" of the waiting period required by law. (END) DOW JONES NEWS 05-24-01 03:45 PM

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