Business Services Industry
CUC International Inc. granted early termination of Hart-Scott-Rodino for Advance Ross Acquisition
Business Wire, Nov 2, 1995
Stamford, CT--(BUSINESS WIRE)--November 2, 1995--CUC International Inc. (NYSE: CU) announced today that it has been notified by the Federal Trade Commission that it has been granted its request for early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in regard to CUC International's previously-announced acquisition of Advance Ross Corporation (NASDAQ:AROS).
Advance Ross is a processor of value-added tax refunds to travelers in over 20 European countries.
CUC International Inc. is a leading membership-services company, currently providing more than 38 million consumers with access to a variety of services including home shopping, travel, insurance, auto, dining, home improvement, lifestyle clubs, checking account enhancements and discount coupon programs.
CONTACT: CUC International
Laura A. Plevyak
(203) 965-5114
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