U.S. Antitrust Review Ends for Viasystems’ Acquisition of DDi
18 Mai 2012 - 2:00PM
Business Wire
Viasystems Group, Inc. (Viasystems) (NASDAQ: VIAS) and DDi Corp.
(DDi) (NASDAQ: DDIC) today announced that the waiting period under
the Hart-Scott-Rodino Antitrust Improvements Act of 1976 relating
to the previously announced acquisition of DDi by Viasystems has
expired without a request for additional information by the U.S.
Department of Justice or the Federal Trade Commission.
The transaction still requires approval by DDi’s stockholders.
Both companies now expect the transaction to close by May 31,
2012.
Forward-Looking Statements
This release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. These
forward-looking statements generally can be identified by phrases
such as “both companies now expect” or other words or phrases of
similar import. These forward-looking statements involve certain
risks and uncertainties that could cause actual results to differ
materially from those indicated in such forward-looking statements,
such as the ability of Viasystems and DDi to consummate the
proposed merger and the satisfaction of the conditions precedent to
such consummation, including the ability to secure all necessary
regulatory approvals in a timely manner; and the other risks and
important factors contained and identified in each of Viasystems’
and DDi’s most recent Quarterly Report on Form 10-Q, and other SEC
filings of the companies, that could cause actual results to differ
materially from the forward-looking statements. The forward-looking
statements included in this release are made only as of the date of
this release. Neither Viasystems nor DDi undertakes any obligation
to update the forward-looking statements to reflect subsequent
events or circumstances.
About Viasystems Group, Inc.
Viasystems is a leading worldwide provider of complex
multi-layer PCBs and E-M Solutions. PCBs serve as the “electronic
backbone” of almost all electronic equipment, and Viasystems’ E-M
Solutions products and services include integration of PCBs and
other components into finished or semi-finished electronic
equipment, for which Viasystems also provides custom and standard
metal enclosures, metal cabinets, metal racks and sub-racks,
backplanes, cable assemblies and busbars. Additional information is
available at http://www.viasystems.com/.
About DDi Corp.
DDi is a leading provider of time-critical,
technologically-advanced PCB engineering and manufacturing
services, specializing in engineering and fabricating complex
multi-layer PCBs on a quick-turn basis and in manufacturing
products with high levels of complexity and reliability with
low-to-moderate production volumes. Additional information is
available at http://www.ddiglobal.com/.
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