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Stock Market & Financial Investment News

News Breaks
November 16, 2012
08:52 EDTMMM, CRDN3M Company receives final antitrust clearance regarding Ceradyne acquisition
3M (MMM) announced that on November 15, it received clearance from the Austrian Federal Competition Authority with respect to its previously announced tender offer for all issued and outstanding shares of common stock of Ceradyne (CRDN) at a price of $35.00 per share. The U.S. Federal Trade Commission previously granted early termination of the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, on October 15, and 3M received clearance from the German Federal Cartel Office on October 30. With the receipt of the above clearances, the condition of the Offer with respect to clearance under applicable antitrust and competition laws has been completely satisfied. The Offer remains subject to the satisfaction of certain other conditions. The Offer is scheduled to expire at 5:00 P.M. on Tuesday, November 27, unless the Offer is extended.
News For MMM;CRDN From The Last 14 Days
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April 16, 2014
08:17 EDTMMM3M against proposal for shareholder actions without vote first, Reuters says
3M Company said its board opposed a proposal by shareholder James McRitchie to allow investors with a certain amount of shares to take a specific action through written consent without voting first, according to Reuters, citing a company letter to stockholders. Reference Link

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