Dynamex (DDMX) Updates on Regulatory Hurdles in Proposed Merger
Dynamex Inc. (Nasdaq: DDMX) announced the following in connection with the proposed merger with TransForce, Inc.
They have received (i) early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, (ii) a “no action letter” from the Canadian Competition Bureau indicating that the commissioner of the Bureau does not at this time intend to make an application for an order under Section 92 of the Competition Act (Canada), R.S.C. 1985, c. C-34 and regulations thereto, as amended, to challenge the Merger and (iii) a notice from the Canadian Minister of Transport, Infrastructure and Communities that the Merger does not raise public interest issues as it relates to national transportation in Canada under the Canada Transportation Act, 1996, c. 10 and regulations thereto, as amended.
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They have received (i) early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, (ii) a “no action letter” from the Canadian Competition Bureau indicating that the commissioner of the Bureau does not at this time intend to make an application for an order under Section 92 of the Competition Act (Canada), R.S.C. 1985, c. C-34 and regulations thereto, as amended, to challenge the Merger and (iii) a notice from the Canadian Minister of Transport, Infrastructure and Communities that the Merger does not raise public interest issues as it relates to national transportation in Canada under the Canada Transportation Act, 1996, c. 10 and regulations thereto, as amended.
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