Facebook Twitter LinkedIn Google Plus RSS

BATS, Direct Edge merger gets early termination of waiting period

By ,

The Jersey City-based stock exchange Direct Edge is merging with rival Kansas City-based exchange BATS Global Markets, and announced today the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.

According to the announcement, while the completion of the transaction is subject to approval from the U.S. Securities and Exchange Commission, it is expected to close during the first half of 2014. The merger was first announced in August.

Also Popular on NJBIZ

Write to the Editorial Department at editorial@njbiz.com

Related Stories

Leave a Comment


Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy