Friday, April 23, 2010

United States Department of Justice Closes Its Investigation Of Switch and Data's Merger with Equinix

Switch and Data, a leading provider of network-neutral data center and Internet exchange services, today announced that the United States Department of Justice notified Equinix, Inc. that it has closed its investigation with respect to Equinix's proposed acquisition of Switch and Data and also received notification from the Federal Trade Commission that the waiting period under the Hart-Scott-Radino Antitrust Improvements Act of 1976 has been terminated. Switch and Data and Equinix expect the transaction to close on April 30, 2010, subject to the satisfaction or waiver of the other closing conditions set forth in the merger agreement.

You may read the full P/R here.

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