Sanofi-aventis (SNY) said the waiting period under the Hart-Scott Rodino Antitrust Improvements Act of 1976, or the "HSR Act, has expired in connection with its tender offer for all outstanding shares of Chattem, Inc. (CHTT) for $93.50 per share, net to the seller in cash, without interest and less any required withholding taxes.
The tender offer is scheduled to expire at 12:00 midnight, New York City time, on February 8, 2010, unless the tender offer is extended. Expiration of the waiting period under the HSR Act satisfies one of the conditions of the tender offer.
The tender offer remains subject to the other conditions described in the Offer to Purchase that was filed with the U.S. Securities and Exchange Commission on January 11, 2010.
For comments and feedback contact: editorial@rttnews.com
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.