Borg-Warner Automotive Announces Expiration of Hart-Scott-Rodino Waiting Period for Kuhlman Acquisition
26 January 1999
Borg-Warner Automotive Announces Expiration of Hart-Scott-Rodino Waiting Period for Kuhlman AcquisitionCHICAGO, Jan. 25 -- Borg-Warner Automotive, Inc. announced that the waiting period under the Hart-Scott-Rodino Act for its acquisition of Kuhlman Corporation expired at midnight on January 22, 1999. The acquisition is subject to antitrust review in other countries. Kuhlman began mailing proxy materials to its stockholders on January 23. Kuhlman stockholders of record on January 19 will be entitled to vote on the merger at a special meeting of Kuhlman stockholders to be held on March 1. Chicago-based Borg-Warner Automotive, Inc. is a product leader in highly engineered components and systems primarily for automotive drivetrain applications. The company operates manufacturing facilities in 12 countries serving automakers in North America, Europe and Asia.