A.Schulman, Inc. (SHLM), a supplier of high-performance plastic compounds and resins, Monday, stated that the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for its previously announced agreement to acquire ICO, Inc. (ICOC).
ICO produces custom polymer powders for rotational molding and other polymer related businesses, such as the textile, metal coating and masterbatch markets.
The companies continue to expect the transaction to close in the spring of 2010. Completion of the acquisition remains subject to ICO shareholder approval and other customary closing conditions.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.