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The review period for U.S. regulators to take action against the Publicis-Omnicom merger has expired. The news means U.S. regulators will not oppose or modify the deal, paving the way for the creation of the world's largest marketing communications company.
The waiting period was required under the federal pre-merger notification program established by the Hart-Scott-Rodino Act.
According to the Federal Trade Commission, large mergers can’t close until the HSR waiting period passes or the government grants early termination of the waiting period.
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