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Tuesday, March 19, 2024

Horizon's Hawaii Business Acquisition Cleared by DOJ

Maritime Activity Reports, Inc.

April 24, 2015

Horizon Lines, Inc. reported yesterday that, after a review by the Antitrust Division of the Department of Justice, Horizon's proposed sales transaction with The Pasha Group has been granted early termination of the premerger waiting period. This grant was effective April 21, 2015. Subject to the satisfaction of any remaining conditions to closing, Horizon expects the closing of the transaction to occur before the end of the company's second quarter. 
 

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