Noble Corporation (NE) and Diamond Offshore (DO) announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, in relation to the pending merger between Noble and Diamond, expired on July 24. Completion of the transaction is subject to the satisfaction of the remaining customary closing conditions, including approval by Diamond’s stockholders and the receipt of informal clearance by the Australian Competition & Consumer Commission. A special meeting of Diamond stockholders to vote on the transaction is currently scheduled on August 27.
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