Ultra Electronics updated the market on its planned merger with Sparton Corporation on Wednesday. The FTSE 250 company initially announced its intentions on 7 July last year, subject to the approval of the United States Department of Justice under the Hart-Scott-Rodino Antitrust Improvement Act. It said that in the merger agreement there was a long-stop date by which time the merger should be completed, unless regulatory approval has not been granted. "Under the terms of the merger agreement, ...Den vollständigen Artikel lesen ...