Dawson Geophysical (DWSN), TGC Industries (TGE) Announce Close of DoJ Investigation, Early Termination of Hart-Scott-Rodino Period
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Dawson Geophysical Company (NASDAQ: DWSN) and TGC Industries, Inc. (NASDAQ: TGE) today announced that the Antitrust Division of the United States Department of Justice has closed its investigation without taking any action and that early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (HSR Act), has been granted, in connection with Dawson's previously announced proposed acquisition of TGC. Accordingly, the condition to the proposed acquisition of TGC relating to the expiration or termination of the HSR Act waiting period has been satisfied.
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