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Stock Market & Financial Investment News

News Breaks
March 12, 2013
17:19 EDTIN, HONIntermec receives request for additional information from FTC about merger with Honeywell
Intermec (IN) and Honeywell (HON) each received a request for additional information from the FTC in connection with Intermec's previously announced proposed merger with Honeywell pursuant to the agreement and plan of merger, dated December 9, 2012, by and among Intermec, Honeywell, and Hawkeye Merger Sub Corp., a wholly owned subsidiary of Honeywell. The Second Request was issued pursuant to the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. The effect of the Second Request is to extend the waiting period imposed by the HSR Act until 30 days after Intermec and Honeywell have substantially complied with the Second Request, unless that period is extended voluntarily by the parties or terminated sooner by the FTC. Intermec intends to respond expeditiously to this request and to continue to work cooperatively with the FTC in connection with its review. Completion of the transaction remains subject to Intermec stockholder approval, regulatory approvals, and other customary closing conditions. Intermec continues to expect that the transaction will close by the end of Q2.
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April 7, 2014
09:39 EDTHONHoneywell announces CFO to retire, Vice Chairmen promoted
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