DTS Inc. (DTSI) and SRS Labs Inc. (SRSL) announced that the waiting period as per the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in relation with the prior announced definitive deal under which DTS would buy all outstanding shares of SRS Labs, has expired.
Accordingly, the condition to the completion of the merger related to the HSR Act has been satisfied. DTS and SRS Labs continue to anticipate that the transaction would close in the third quarter of 2012.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.