ABB Ltd (NYSE: ABB), the leading power and automation technology group, and Thomas & Betts Corporation (NYSE: TNB), a North American leader in low voltage products, today announced that the Antitrust Division of the United States Department of Justice has cleared ABB's proposed acquisition of Thomas & Betts .
At a special meeting scheduled to be held on May 2, 2012, Thomas & Betts shareholders will vote on the approval of the merger agreement pursuant to which ABB will acquire Thomas & Betts for $72 per share in cash.
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At a special meeting scheduled to be held on May 2, 2012, Thomas & Betts shareholders will vote on the approval of the merger agreement pursuant to which ABB will acquire Thomas & Betts for $72 per share in cash.
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