FTC Grants Early Termination of Waiting Period Under Hart-Scott-Rodino Act
23 Juli 2012 - 3:20PM
The Linde Group and Lincare Holdings Inc. announced today that the
Federal Trade Commission has granted early termination of the
waiting period under the Hart-Scott-Rodino Antitrust Improvements
Act of 1976, as amended (the "HSR Act"), applicable to the tender
offer by Linde to purchase all outstanding shares of common stock
of Lincare at $41.50 per share in cash.
The termination of the HSR Act waiting period satisfies one of
the conditions necessary for the consummation of the tender offer.
The tender offer is scheduled to expire at 12:00 midnight, New York
City time, on Tuesday, August 7, 2012 (which is the end of the day
on August 7, 2012), unless the tender offer is extended.
Consummation of the tender offer remains subject to other customary
conditions, including the tender of at least a majority of
Lincare's outstanding shares of common stock.
The Linde Group is a world-leading gases and engineering company
with around 50,500 employees in more than 100 countries worldwide.
In the 2011 financial year, it generated revenue of EUR 13.787 bn.
The strategy of The Linde Group is geared towards long-term
profitable growth and focuses on the expansion of its international
business with forward-looking products and services. Linde acts
responsibly towards its shareholders, business partners, employees,
society and the environment – in every one of its business areas,
regions and locations across the globe. The Group is committed to
technologies and products that unite the goals of customer value
and sustainable development.
For more information, see The Linde Group online at
http://www.linde.com and Lincare at http://www.lincare.com
Disclaimer
On July 11, 2012, Linde AG and Linde US Inc. (together, "Linde")
filed with the United States Securities and Exchange Commission
(the "SEC") a tender offer statement on Schedule TO and Lincare
Holdings Inc. ("Lincare") filed with the SEC a
solicitation/recommendation statement on Schedule 14D-9, each
regarding the tender offer described herein. Lincare's shareholders
are strongly advised to read these materials (as updated and
amended) because they contain important information that Lincare's
shareholders should consider before tendering their shares. These
materials and other documents filed by Linde or Lincare with the
SEC are available for free at the SEC's website
(http://www.sec.gov) or by directing a request to either Linde AG,
Klosterhofstraße 1, 80331 Munich, Germany or Lincare Holdings Inc.,
19387 U.S. 19 North, Clearwater, FL 33764.
CONTACT: For further Information:
Linde Group
Media
Uwe Wolfinger
Phone: +49.89.35757-1320
Matthias Dachwald
Phone: +49.89.35757-1333
Investor Relations
Dr. Dominik Heger
Phone: +49.89.35757-1334
Lisa Tilmann
Phone: +49.89.35757-1328
Lincare
Investor Relations
Paul G. Gabos
Phone: +1 (727) 530-7700
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