financetom
Business
financetom
/
Business
/
Columbus McKinnon, KKR Receive DOJ Request for Additional Information Regarding Kito Crosby Deal
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Columbus McKinnon, KKR Receive DOJ Request for Additional Information Regarding Kito Crosby Deal
Jun 2, 2025 3:54 AM

06:29 AM EDT, 06/02/2025 (MT Newswires) -- Columbus McKinnon ( CMCO ) said Friday that the company and KKR (KKR) have received a request for additional information and documentary material from the US Department of Justice's antitrust division regarding Columbus McKinnon's ( CMCO ) proposed acquisition of Kito Crosby from KKR.

The move extends the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act until 30 days after both Columbus McKinnon ( CMCO ) and KKR have substantially complied with the request for information, Columbus McKinnon ( CMCO ) said in a regulatory filing.

The companies plan to continue to work with the antitrust division to help close its review of the deal, according to the filing.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
RF Capital Group Reports Preliminary Month-End Assets Under Administration of $37.1 Billion For June
RF Capital Group Reports Preliminary Month-End Assets Under Administration of $37.1 Billion For June
Jul 2, 2024
12:56 PM EDT, 07/02/2024 (MT Newswires) -- RF Capital Group ( GMPFF ) on Tuesday reported preliminary month-end assets under administration of $37.1 billion as of June 30 up 0.2% from last month and 5.3% since year-end 2023. Further, the company's wealth management subsidiary, Richardson Wealth, added three new adviser teams. Rebecca Broadley and Preston Howell joined Richardson Wealth's Calgary...
National Bank on DRI Healthcare Trust's Xenpozyme Royalty Stream Acquisition
National Bank on DRI Healthcare Trust's Xenpozyme Royalty Stream Acquisition
Jul 2, 2024
12:57 PM EDT, 07/02/2024 (MT Newswires) -- DRI Healthcare Trust acquired a second royalty stream in Xenpozyme from HLS Therapeutics, notes National Bank. This investment is DHT's second royalty stream on Xenpozyme, with the first US$30 million transaction (with another US$26.5 million in potential milestone payments) racking up US$1.1 million in royalty income in the five quarters since. As the...
Cimpress Insider Sold Shares Worth $348,546, According to a Recent SEC Filing
Cimpress Insider Sold Shares Worth $348,546, According to a Recent SEC Filing
Jul 2, 2024
12:55 PM EDT, 07/02/2024 (MT Newswires) -- Florian Baumgartner, Executive Vice President and CEO, Vista, on July 01, 2024, sold 4,034 shares in Cimpress ( CMPR ) for $348,546. Following the Form 4 filing with the SEC, Baumgartner has control over a total of 19,550 shares of the company, with 19,550 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1262976/000126297624000054/xslF345X03/wk-form4_1719938879.xml Price: 86.76, Change:...
Why Is Vaccine Maker Emergent BioSolutions Stock Trading Higher On Tuesday?
Why Is Vaccine Maker Emergent BioSolutions Stock Trading Higher On Tuesday?
Jul 2, 2024
Nvidia Corp ( NVDA ) is trading lower Tuesday amid reports that the company faces antitrust charges from French regulators. These charges follow dawn raids conducted last September, which resulted in formal objections and a charge sheet against Nvidia ( NVDA ). Meanwhile, on a positive note, Nvidia ( NVDA ) supplier Taiwan Semiconductor Manufacturing Co ( TSM ) plans...
Copyright 2023-2026 - www.financetom.com All Rights Reserved