Lennox International Inc. Announces Early Termination of Hart-Scott-Rodino Waiting Period for Acquisition of Service Experts, Inc.
DALLAS, Jan. 3 /PRNewswire/ -- Lennox International Inc. (NYSE: LII) announced today that early termination of the 30-day waiting period of the Hart-Scott-Rodino Antitrust Improvements Act of 1976, applicable to Lennox International's previously announced agreement to acquire Service Experts, Inc. (NYSE: SVE), was granted by the Federal Trade Commission. Early termination or expiration of the waiting period was one of the conditions for the purchase. That condition has now been satisfied.
Shareholder meetings for both Lennox and Service Experts have been scheduled for January 21, 2000 to approve the transaction.
Selling heating, ventilation, air conditioning, and refrigeration equipment in over 70 countries worldwide, Lennox International Inc. is one of the world's leading companies specializing in climate control solutions. It is the parent company of Lennox Industries Inc., Armstrong Air Conditioning Inc., Heatcraft Inc., and Lennox Global Ltd. Lennox International stock is traded on the New York Stock Exchange under the symbol "LII". Additional information about Lennox International is available at: www.lennoxinternational.com.
Contact: Bill Moltner, Director, Investor Relations of Lennox
International Inc., 972-497-6670.
SOURCE Lennox International Inc.
Web site: http: //www.lennoxinternational.com
CONTACT: Bill Moltner, Director, Investor Relations of Lennox International Inc., 972-497-6670