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ViaSat Informes Early Termination of HSR Waiting Period in Connection with Proposed Acquisition of WildBlue Communications.
ViaSat Inc. (Nasdaq: VSAT), a producer of innovative satellite and other wireless communication systems, informed that ViaSat and WildBlue Communications Inc. have been granted early termination by the Federal Trade Commission and the Antitrust Division of the Department of Justice of the mandatory waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (“HSR”), in connection with the previously announced ViaSat acquisition of WildBlue.
Completion of the proposed acquisition remains subject to receipt of other regulatory approvals and the satisfaction of the other closing conditions set forth in the merger agreement. The parties continue to expect the transaction to close in the fourth quarter of ViaSat’s 2010 fiscal year, which ends April 2, 2010.