Adobe Systems said today that it has received a Request for Additional Information and Documentary Materials from the US Department of Justice (DoJ) in connection with its pending proposed acquisition of Macromedia.
This second request is limited to information about the companies' products in the areas of web authoring/design and vector graphics illustration, according to Adobe.
The DoJ demand will extend the waiting period imposed by the Hart-Scott-Rodino Antitrust Improvements Act of 1976 until 30 days after Adobe and Macromedia have complied.
Both companies said that they are in the process of gathering the requested information and promised to work closely with the DoJ as it conducts its review.
Adobe and Macromedia expect to hold meetings of their respective shareholders to approve the acquisition in September 2005 and anticipate that the transaction will close by the end of 2005.
"Due to the absence of estimates of the acquisition-related restructuring costs, as well as the final allocation of the purchase price between goodwill, in-process R&D, other intangibles and equity-based compensation expenses related to SFAS 23R, Adobe is currently unable to provide GAAP estimates on future earnings," Adobe stated today.
Ssupermassive black hole is so big it corresponds to four per cent of the galaxy's total mass
Imminent attack will target a single bank with cloned cards used to fraudulently withdraw millions over one weekend
Using photocatalysts to convert carbon dioxide into usable energy such as methane or ethane
Trained on curated data from Moorfields Eye Hospital, the neural network also shows clinicians how it reached its judgement