LS Corp. Receives Certain Antitrust Clearances to Acquire Superior Essex (SPSX)
LS Corp. and its subsidiary LS Cable Ltd. announced that the relevant antitrust waiting periods have expired or clearances have been obtained in the United States, Germany and Spain with respect to their subsidiary's pending $45.00 per share cash tender offer for all outstanding shares of Superior Essex Inc. (NASDAQ: SPSX). As a result, the only remaining antitrust condition of the tender offer is clearance by the relevant authorities in China. The review period in China is scheduled to expire at 5:30 AM (New York time) on Thursday, July 31, 2008.
Superior Essex Inc. manufactures and supplies a portfolio of wire and cable products for the communications, energy, automotive, industrial, and commercial/residential end-markets.[SM]
Superior Essex Inc. manufactures and supplies a portfolio of wire and cable products for the communications, energy, automotive, industrial, and commercial/residential end-markets.[SM]
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