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.