FTC grants early termination of waiting period under Hart-Scott-Rodino Act
Linde AG /
FTC grants early termination of waiting period under Hart-Scott-Rodino Act
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Munich, 23 July 2012 - The Linde Group and Lincare Holdings Inc. announced today
that the Federal Trade Commission has granted early termination of the waiting
period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as
amended (the "HSR Act"), applicable to the tender offer by Linde to purchase all
outstanding shares of common stock of Lincare at USD$41.50 per share in cash.
The termination of the HSR Act waiting period satisfies one of the conditions
necessary for the consummation of the tender offer. The tender offer is
scheduled to expire at 12:00 midnight, New York City time, on Tuesday, August
7, 2012 (which is the end of the day on August 7, 2012), unless the tender offer
is extended. Consummation of the tender offer remains subject to other customary
conditions, including the tender of at least a majority of Lincare's outstanding
shares of common stock.
The Linde Group is a world-leading gases and engineering company with around
50,500 employees in more than 100 countries worldwide. In the 2011 financial
year, it generated revenue of EUR 13.787 bn. The strategy of The Linde Group is
geared towards long-term profitable growth and focuses on the expansion of its
international business with forward-looking products and services. Linde acts
responsibly towards its shareholders, business partners, employees, society and
the environment - in every one of its business areas, regions and locations
across the globe. The Group is committed to technologies and products that unite
the goals of customer value and sustainable development.
For more information, see The Linde Group online at http://www.linde.com and
Lincare at http://www.lincare.com
For further Information:
Linde Group Lincare
Media Investor Relations
Uwe Wolfinger Paul G. Gabos
Phone: +49.89.35757-1320Â Â Â Â Phone: +1 (727) Â 530-7700
Matthias Dachwald
Phone: +49.89.35757-1333
Investor Relations
Dr. Dominik Heger
Phone: +49.89.35757-1334
Lisa Tilmann
Phone: +49.89.35757-1328
Disclaimer
On July 11, 2012, Linde AG and Linde US Inc. (together, "Linde") filed with the
United States Securities and Exchange Commission (the "SEC") a tender offer
statement on Schedule TO and Lincare Holdings Inc. ("Lincare") filed with the
SEC a solicitation/recommendation statement on Schedule 14D-9, each regarding
the tender offer described herein. Lincare's shareholders are strongly advised
to read these materials (as updated and amended) because they contain important
information that Lincare's shareholders should consider before tendering their
shares. Â These materials and other documents filed by Linde or Lincare with the
SEC are available for free at the SEC's website (http://www.sec.gov) or by
directing a request to either Linde AG, Klosterhofstraße 1, 80331 Munich,
Germany or Lincare Holdings Inc., 19387 U.S. 19 North, Clearwater, FL 33764.
Press Release as PDF:
http://hugin.info/125064/R/1628627/521502.pdf
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Source: Linde AG via Thomson Reuters ONE
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