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Stock impact report

Valvoline Inc. Receives Second Request from Federal Trade Commission Related to the Proposed Acquisition of Breeze Autocare [Yahoo! Finance]

Valvoline Inc. (VVV) 
Last valvoline inc. earnings: 2/3 05:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
received a Request for Additional Information and Documentary Material ("Second Request") from the U.S. Federal Trade Commission ("FTC") as part of the agency's regulatory review of Valvoline's proposed acquisition of Breeze Autocare from Greenbriar. The Second Request extends the waiting period imposed by the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR Act") until 30 days after Valvoline and Greenbriar have substantially complied with the requests unless the waiting period is voluntarily extended by the parties or terminated sooner by the FTC. The completion of the acquisition remains subject to the expiration or termination of the waiting period under the HSR Act and other customary closing conditions. The Company will continue to work constructively with the FTC to enable closing of the transaction as soon as possible. The Company expects the transaction to close in the second half of fiscal 2025. About Valvoline Inc. Valvoline Inc. (NYSE: VVV) delivers quick Show less Read more
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