Business Services Industry
Bergen Brunswig And Ivax Granted Early Termination Of Waiting Period By Federal Trade Commission
Business Wire, Dec 12, 1996
ORANGE, Calif.--(BUSINESS WIRE)--Dec. 12, 1996--Bergen Brunswig Corporation (NYSE:BBC) and IVAX Corporation (AMEX:IVX) today announced that the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Act with respect to the pending merger of Bergen Brunswig Corporation and IVAX Corporation.
Consummation of the merger remains subject to the effectiveness of a registration statement and to shareholder approval.
Bergen Brunswig Corporation, headquartered in Orange, California, provides nationwide distribution of pharmaceuticals and medical-surgical supplies to chain and independent pharmacies, hospitals, HMOs, nursing homes, clinics and physician groups.
IVAX Corporation, headquartered in Miami, Florida, is a holding company with subsidiaries engaged in the research, development, manufacture and marketing of health care products, including generic and branded pharmaceuticals, intravenous solutions and related products, and in vitro diagnostics.
CONTACT: Bergen Brunswig Corp., Orange
Lisa Riordan (investors)
800/840-5131
or
IVAX Corp., Miami
Joseph C. Jones (communications)
800/980-IVAX
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