Amgen continues to target mid-December deadline for Horizon deal close
Amgen and Horizon continue to target a mid-December close for their $28 billion merger, though a court order temporarily blocking the deal has been extended now that a hearing date has been set.
A temporary restraining order preventing the companies from closing the deal has been extended to Oct. 31, according to a securities filing posted Friday. The deadline was previously Sept. 15, but was extended more than a month “based on the court’s schedule,” Amgen said, adding that an evidentiary hearing on the Federal Trade Commission’s challenge has been set for Sept. 11.
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