DOJ Wants More Time To Review Bus Merger

Law360, New York (July 6, 2007, 12:00 AM EDT) -- The U.S. Department of Justice has asked FirstGroup PLC and Laidlaw International Inc. for additional time to review their proposed $3.6 billion merger.

The two companies said separately Friday that they would have submitted their certified compliance by the end of the day. Under the Hart-Scott-Rodino Act, the DOJ's Antitrust Division would have to complete its review within 30 days of the submission.

However, the DOJ is discussing the terms of an agreement for more time with FirstGroup and Illinois-based Laidlaw. FirstGroup said it would announce...
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