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Article: Ask more data on Hoechst deal. (Federal Trade Commission asks for more information on American Hoechst takeover of Celanese Corp.)
- Article from:
- WWD
- Article date:
- November 24, 1986
CopyrightCOPYRIGHT 1986 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Ask more data on Hoechst deal
NEW YORK -- American Hoechst and Celanese Corp. announced Friday both companies have received a request for additional information from the Federal Trade Commission concerning their proposed merger.
The request is being made under the Hart-Scott-Rodino Antitrust Improvements Acts of 1976 with respect to the tender offer by Hostachem Acquisition, Inc., a wholly owned subsidiary of American Hoechst, for all outstanding shares of Celanese common stock, convertible preference stock and 7 percent ...