SPSS Announces Expiration of Hart-Scott-Rodino Waiting Period
CHICAGO,
09/09/09—
SPSS Inc. (Nasdaq: SPSS) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, in connection with the proposed acquisition of SPSS Inc. by International Business Machines Corporation (“IBM”).
As previously announced, SPSS entered into an Agreement and Plan of Merger (the “Merger Agreement”) by and among SPSS, IBM and Pipestone Acquisition Corp., a Delaware corporation and a wholly owned subsidiary of IBM (“Merger Sub”). Pursuant to the terms of the Merger Agreement, Merger Sub will merge, upon closing, with and into SPSS, with SPSS continuing as the surviving corporation (the “Merger”) as a 100 percent owned subsidiary of IBM.
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News Source : SPSS Announces Expiration of Hart-Scott-Rodino Waiting Period
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