UK Company Agrees to Pay HSR Fine in Connection with Vesting of Restricted Stock Units

On 10 August 2016, the Federal Trade Commission (FTC) announced that Caledonia Investments plc (Caledonia), a UK public limited company, agreed to pay a fine of US$480,000 to settle charges that it violated the premerger notification and waiting period requirements of the Hart-Scott-Rodino (HSR) Act of 1976 when it acquired voting securities of Bristow Group, Inc. (Bristow) in February 2014 through the vesting of restricted stock units.

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