Securitas Acquisition of Burns: Waiting period under the Hart-Scott-Rodino Antitrust Improvements Act expired August 19,
8/20/2000 3:01 AM EST
Securitas Acquisition of Burns:
Waiting period under the Hart-Scott-Rodino Antitrust Improvements Act expired
August 19, 2000
The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of
1976 expired August 19, 2000 with regard to the pending cash tender offer by
Securitas Acquisition Corporation to purchase all of the outstanding common
stock of Burns International Services Corporation at a price of $21.50 per
share. The expiration of this waiting period satisfies one of the conditions
to closing the offer. The offer is currently scheduled to expire September 1,
2000.
Further information may be obtained from Håkan Winberg, Executive Vice
President and Chief Financial Officer or Camilla Weiner, Manager Investor
Relations, phone: +46 8 657 74 00.