MDS Inc
SymbolMDS
Shares Issued120,137,229
Close 2009-11-02C$ 8.70
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MDS, Danaher get second request on MDS Analytical sale

2009-11-03 09:13 ET - News Release

Mr. Peter Dans reports

MDS INC. AND DANAHER CORPORATION RECEIVE SECOND REQUEST FOR INFORMATION FROM U.S. FEDERAL TRADE COMMISSION FOR MDS ANALYTICAL TECHNOLOGIES SALE

MDS Inc. and Danaher Corp. have each received a second request for information from the Federal Trade Commission (FTC) regarding the sale of MDS Analytical Technologies.

The second request relates to a global market segment that MDS and Danaher estimate generates less than $50-million in annual revenues for all sellers combined.

The information request was issued under notification requirements of the Hart Scott Rodino Antitrust Improvements Act of 1976, as amended (HSR Act). The effect of the second request is to extend the waiting period imposed by the HSR Act for a period of 30 calendar days from the date of the parties' substantial compliance with the request, unless the waiting period is earlier terminated.

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