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FTC paves way for Goodyear-Cooper deal to close

FTC paves way for Goodyear-Cooper deal to close Print AKRON It may not be too much longer before the Cooper Tire & Rubber Co. becomes part of Goodyear. The Federal Trade Commission (FTC) recently paved the way for Goodyear’s $2.5 billion cash-and-stock deal to acquire Cooper to close in the third quarter, if not sooner. According to a May 13 Goodyear filing with the Securities and Exchange Commission, the waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976 which establishes waiting periods before such acquisitions can be completed expired May 10, essentially granting regulatory approval in the U.S. The FTC classifies the expiration of the HSR Act as the last of five steps in the U.S. regulatory process, with the first potential outcome of the expiration of HSR as this: “Close the investigation and let the deal go forward unchallenged.” 

SEC paves way for Goodyear-Cooper deal to close

SEC paves way for Goodyear-Cooper deal to close Print AKRON The U.S. Securities and Exchange Commission (SEC) has paved the way for Goodyear s $2.5 billion cash-and-stock deal to acquire Cooper Tire and Rubber Co. to close in the third quarter, if not sooner. The SEC filed notice May 13 that the waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976 which establishes waiting periods before such acquisitions can be completed expired May 10, essentially granting regulatory approval in the U.S. The FTC classifies the expiration of the HSR Act as last of five steps in the U.S. regulatory process, with the first potential outcome of the expiration of HSR as close the investigation and let the deal go forward unchallenged. The other two potential outcomes don t appear to apply to the deal.

Biogen Inc : Biogen and Bio-Thera Solutions Announce Commercialization and License Agreement for Proposed Biosimilar Currently in Phase 3 With the Potential to Treat Moderate to Severe Rheumatoid Arthritis

Biogen Inc.: Biogen and Bio-Thera Solutions Announce Commercialization and License Agreement for Proposed Biosimilar Currently in Phase 3 With the Potential to Treat Moderate to Severe Rheumatoid Arthritis (tocilizumab) Biosimilars have the potential to enable greater access to marketed biologic therapies while generating cost savings and healthcare sustainability CAMBRIDGE, Mass. and GUANGZHOU, China, April 08, 2021Inc. (Nasdaq: BIIB) and Bio-Thera Solutions, Ltd. (688177.SH) today announced that they entered into a commercialization and license agreement to develop, manufacture and commercialize BAT1806, a Phase 3 clinical stage anti-interleukin-6 (IL-6) receptor monoclonal antibody that is a proposed biosimilar referencing ACTEMRA 1 (tocilizumab). ACTEMRA s primary indication is for moderate to severe rheumatoid arthritis in adults as well as juvenile idiopathic polyarthritis, systemic juvenile idiopathic arthritis, giant cell arteritis and cytokine release syndrome. In 20

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