09:26 AM EDT, 09/30/2025 (MT Newswires) -- Alcon ( ALC ) and STAAR Surgical ( STAA ) said Tuesday that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, in connection Alcon's ( ALC ) acquisition of STAAR, expired on Monday.

The two companies said they continue to anticipate the transaction to close within six to 12 months since the announcement of the merger, which was made on Aug. 5, subject to regulatory clearance and STAAR Surgical ( STAA ) stockholders' approval.

Alcon ( ALC ) said in August it was to purchase all outstanding shares of STAAR Surgical ( STAA ) for $28 per share in cash, representing a 51% premium to the closing price of STAAR stock on Aug. 4.