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Greif Clears Final Regulatory Hurdle in Deal to Acquire Caraustar Industries

Greif ( GEF ) said Friday it received a notice from the U.S. Federal Trade Commission granting the company early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act concerning Greif's pending acquisition of Caraustar Industries.

According to a statement, this was the last regulatory approval required to complete the pending acquisition.

Greif and Caraustar Industries expect the deal to close on Feb. 11, subject to customary closing conditions.

Greif, a company specializing in packaging products and services, announced the $1.8 billion deal in December 2018.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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