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Tech Industry

Short Take: 3Com and USR continue merging

3Com and U.S. Robotics will proceed with their proposed merger following the expiration of the waiting period mandated by the Hart-Scott-Rodino Antitrust Improvements Act. The companies expect to complete the merger by June after they officially receive stockholder approval and SEC review of proxy materials and foreign antitrust review.

3Com and U.S. Robotics will proceed with their proposed merger following the expiration of the waiting period mandated by the Hart-Scott-Rodino Antitrust Improvements Act. The companies expect to complete the merger by June after they officially receive stockholder approval and SEC review of proxy materials and foreign antitrust review.