Electro Rent, Microlease merger probe gets further deadline extension
( September 28, 2017, 17:43 GMT | Official Statement) -- MLex Summary: The investigation into lab testing equipment leasing company Electro Rent's purchase of rival Microlease has been held up because the Competition and Markets Authority requires further information and documents from Electro Rent. The watchdog is currently considering whether to accept remedies proposed by Electro Rent to address competition concerns, but has extended the period to do this as Electro Rent has failed to provide further documents and information in the time stipulated.The full text of the statement is below:...
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