MarketPR
The Federal Trade Commission has granted early termination of the waiting period for Adobe's acquisition of Topaz, removing a mandatory antitrust review delay ahead of a potential close.
The next confirmable milestone on the tape: a close announcement or material regulatory filing from Adobe or Topaz.
What early termination means Federal merger rules require companies pursuing acquisitions above certain thresholds to file pre-transaction notifications and observe a statutory waiting period before completing a deal.
When the FTC grants early termination, the parties may close before that period fully expires. The commission has signaled it does not need additional time to review the transaction.
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