United States administrative law

DuPont and Rogers Provide Update on Pending Merger

Retrieved on: 
Friday, September 30, 2022

and CHANDLER, Ariz., Sept. 30, 2022 /PRNewswire/ -- DuPont de Nemours, Inc. (NYSE: DD) ("DuPont") and Rogers Corporation (NYSE: ROG) ("Rogers") today provided the following update on regulatory approval of the pending merger of Rogers and Cardinalis Merger Sub, Inc., a wholly owned subsidiary of DuPont, which was previously expected to close in the third quarter of 2022.

Key Points: 
  • and CHANDLER, Ariz., Sept. 30, 2022 /PRNewswire/ -- DuPont de Nemours, Inc. (NYSE: DD) ("DuPont") and Rogers Corporation (NYSE: ROG) ("Rogers") today provided the following update on regulatory approval of the pending merger of Rogers and Cardinalis Merger Sub, Inc., a wholly owned subsidiary of DuPont, which was previously expected to close in the third quarter of 2022.
  • At the request of SAMR, DuPont recently withdrew and refiled with SAMR the notice of the parties' planned merger.
  • As previously announced on November 2, 2021, Rogers entered into a definitive merger agreement to be acquired by DuPont for $277.00 per share in cash.
  • Rogers' actual future results may differ materially from Rogers' current expectations due to the risks and uncertainties inherent in its business and risks relating to the DuPont Merger.

II-VI Incorporated Obtains All Governmental Regulatory Approvals to Complete Acquisition of Coherent, Inc. and Sets Expected Closing Date

Retrieved on: 
Tuesday, June 28, 2022

The clearance decision from SAMR satisfies the closing condition set forth in the previously announced merger agreement regarding the receipt of antitrust approvals.

Key Points: 
  • The clearance decision from SAMR satisfies the closing condition set forth in the previously announced merger agreement regarding the receipt of antitrust approvals.
  • II-VI expects the closing of its acquisition of Coherent (the Merger) to occur on or about July 1, 2022.
  • Headquartered in Saxonburg, Pennsylvania, II-VI has research and development, manufacturing, sales, service, and distribution facilities worldwide.
  • Founded in 1966, Coherent, Inc. is a global provider of lasers and laser-based technology for scientific, commercial and industrial customers.

II-VI Incorporated and Coherent, Inc. Announce Refiling of Premerger Notification and Report Form with Federal Trade Commission and U.S. Department of Justice

Retrieved on: 
Tuesday, May 3, 2022

The HSR Notification, which triggers a 30-day review period, was made prior to the one-year expiration of II-VIs and Coherents initial HSR Notification filed last year.

Key Points: 
  • The HSR Notification, which triggers a 30-day review period, was made prior to the one-year expiration of II-VIs and Coherents initial HSR Notification filed last year.
  • Headquartered in Saxonburg, Pennsylvania, II-VI has research and development, manufacturing, sales, service, and distribution facilities worldwide.
  • Founded in 1966, Coherent, Inc. is a global provider of lasers and laser-based technology for scientific, commercial and industrial customers.
  • This press release contains forward-looking statements relating to future events and expectations that are based on certain assumptions and contingencies.

NeoPhotonics Stockholders Approve Merger Agreement with Lumentum

Retrieved on: 
Tuesday, February 1, 2022

NeoPhotonics Corporation (NYSE: NPTN) (NeoPhotonics), a leading developer of silicon photonics and advanced hybrid photonic integrated circuit-based lasers, modules and subsystems for bandwidth-intensive, high speed communications networks, stated that today the NeoPhotonics stockholders approved the merger agreement under which Lumentum Holdings Inc. (NASDAQ: LITE) ("Lumentum") will acquire NeoPhotonics.

Key Points: 
  • NeoPhotonics Corporation (NYSE: NPTN) (NeoPhotonics), a leading developer of silicon photonics and advanced hybrid photonic integrated circuit-based lasers, modules and subsystems for bandwidth-intensive, high speed communications networks, stated that today the NeoPhotonics stockholders approved the merger agreement under which Lumentum Holdings Inc. (NASDAQ: LITE) ("Lumentum") will acquire NeoPhotonics.
  • Approximately 99.5% of NeoPhotonics stockholders who voted cast their votes in favor of the proposal to approve the merger agreement.
  • This represented approximately 76.3% of NeoPhotonics outstanding common stock as of the record date for the Special Meeting of Stockholders.
  • The remaining requirements for closure of the transaction are customary closing conditions set forth in the merger agreement and approval from the State Administration for Market Regulation (SAMR) of the People's Republic of China.

Lumentum and NeoPhotonics Announce HSR Clearance

Retrieved on: 
Friday, January 21, 2022

SAN JOSE, Calif., Jan. 21, 2022 /PRNewswire/ -- Lumentum Holdings Inc. (NASDAQ: LITE) ("Lumentum") and NeoPhotonics Corporation (NYSE: NPTN) ("NeoPhotonics") today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR Act") with respect to Lumentum's pending transaction with NeoPhotonics.

Key Points: 
  • SAN JOSE, Calif., Jan. 21, 2022 /PRNewswire/ -- Lumentum Holdings Inc. (NASDAQ: LITE) ("Lumentum") and NeoPhotonics Corporation (NYSE: NPTN) ("NeoPhotonics") today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR Act") with respect to Lumentum's pending transaction with NeoPhotonics.
  • Lumentum (NASDAQ: LITE) is a major designer and manufacturer of innovative optical and photonic products enabling optical networking and laser applications worldwide.
  • This communication is being made in respect of a proposed transaction involving Lumentum and NeoPhotonics.
  • Copies of documents filed with the SEC by NeoPhotonics (when they become available) may be obtained free of charge on NeoPhotonics' website at https://ir.NeoPhotonics.com or by contacting NeoPhotonics' Investor Relations at [email protected] .

MKS Instruments and Atotech Provide Update on Pending Acquisition of Atotech

Retrieved on: 
Tuesday, December 14, 2021

and LONDON, Dec. 14, 2021 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI) (MKS), a global provider of technologies that enable advanced processes and improve productivity, and Atotech Limited (NYSE: ATC) (Atotech), a leading process chemicals technology and advanced electroplating solutions company, today provided the following update on MKS previously announced pending acquisition of Atotech.

Key Points: 
  • and LONDON, Dec. 14, 2021 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ:MKSI) (MKS), a global provider of technologies that enable advanced processes and improve productivity, and Atotech Limited (NYSE: ATC) (Atotech), a leading process chemicals technology and advanced electroplating solutions company, today provided the following update on MKS previously announced pending acquisition of Atotech.
  • In China, the remaining jurisdiction, MKS and Atotech are continuing to work constructively with the State Administration for Market Regulation (SAMR), and now anticipate closing the acquisition in the first quarter of 2022.
  • We are pleased by the substantial progress that has been made in meeting the regulatory conditions required to complete the acquisition of Atotech, said John T.C.
  • As previously announced on July 1, 2021, MKS entered into a definitive agreement with Atotech (the Implementation Agreement) pursuant to which MKS will acquire Atotech for $16.20 in cash and 0.0552 of a share of MKS common stock for each Atotech common share.

NCLA Asks Supreme Court to Decide Three Chevron Deference Questions ATF’s Bump Stock Ban Poses

Retrieved on: 
Monday, August 2, 2021

(2) The court of appeals also improperly applied Chevron deference to interpret a criminal statute; and (3) it refused to let the rule of lenity resolve statutory ambiguity instead of Chevron.

Key Points: 
  • (2) The court of appeals also improperly applied Chevron deference to interpret a criminal statute; and (3) it refused to let the rule of lenity resolve statutory ambiguity instead of Chevron.
  • The petition asks the Court to rule on whether courts may apply Chevron deference to an agency interpretation of federal law when the federal government declines to assert Chevron deference.
  • ATF has refused throughout this litigation to seek Chevron deference, likely because ATF insists that its rule is an interpretive rule only, and Chevron deference never applies to interpretive rules.
  • All eight court of appeals judges to review ATFs bump stock ban without using Chevron deferenceincluding five Tenth Circuit judges belowhave decided ATFs interpretation of the statute is flat wrong.

Redwire to Demonstrate In-Space Additive Manufacturing for Lunar Surface on the International Space Station

Retrieved on: 
Thursday, July 29, 2021

A number of factors could cause actual results or outcomes to differ materially from those indicated by such forward looking statements.

Key Points: 
  • A number of factors could cause actual results or outcomes to differ materially from those indicated by such forward looking statements.
  • This document does not contain all the information that should be considered concerning the proposed business combination.
  • It is not intended to form the basis of any investment decision or any other decision in respect to the proposed business combination.
  • Genesis Park Acquisition Corp. and its directors and officers may be deemed participants in the solicitation of proxies of Genesis Park Acquisition Corp. shareholders in connection with the proposed business combination.

Staffing 360 Solutions Receives Full Forgiveness of $19.4 Million PPP Loans – and Achieves 70% Cumulative Debt Reduction

Retrieved on: 
Monday, July 26, 2021

NEW YORK, July 26, 2021 (GLOBE NEWSWIRE) -- Staffing 360 Solutions, Inc. (NASDAQ: STAF), a company executing an international buy-integrate-build strategy through the acquisition of domestic and international staffing organizations in the United States and United Kingdom, today announced it will host a conference call to report its fiscal second quarter and six-month financial results on Thursday, August 12, 2021 at 9:00 am Eastern Time to discuss financial results, the COVID-19 environment, and recent positive business developments. The related press release will be issued after the market closes on August 11, 2021.

Key Points: 
  • The related press release will be issued after the market closes on August 11, 2021.
  • Materially improved balance sheet with a cumulative debt reduction of 70.4% in the past twelve months.
  • Staffing 360 Solutions, Inc. is engaged in the execution of an international buy-integrate-build strategy through the acquisition of domestic and international staffing organizations in the United States and United Kingdom.
  • Staffing 360 Solutions does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law.

Redwire's Digital Engineering Capability Successfully Demonstrates Simulated Hybrid Space Architecture to Support Joint All-Domain Operations

Retrieved on: 
Thursday, July 22, 2021

A number of factors could cause actual results or outcomes to differ materially from those indicated by such forward looking statements.

Key Points: 
  • A number of factors could cause actual results or outcomes to differ materially from those indicated by such forward looking statements.
  • This document does not contain all the information that should be considered concerning the proposed business combination.
  • It is not intended to form the basis of any investment decision or any other decision in respect to the proposed business combination.
  • Genesis Park Acquisition Corp. and its directors and officers may be deemed participants in the solicitation of proxies of Genesis Park Acquisition Corp. shareholders in connection with the proposed business combination.