CECO Environmental Says Waiting Period of Tender Offer for Profire Energy Expires

MT Newswires Live2024-12-06

CECO Environmental (CECO) said Friday that the Hart-Scott-Rodino waiting period for its tender offer for Profire Energy (PFIE) expired on Nov. 15, meeting a key regulatory condition.

The company said other conditions, including the tender of a majority of Profire Energy's outstanding common stock, remain to be satisfied.

Unless extended, the tender offer and withdrawal rights will expire on Jan. 1, 2025, the company said.

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