Agreement reached in Laidlaw deal
NAPERVILLE -- Laidlaw International Inc. announced its and FirstGroup PLC reached an agreement with the attorneys general of eleven U.S. states who expressed concern over the proposed acquisition of Laidlaw by FirstGroup. In addition, Laidlaw and FirstGroup expect the antitrust division of the U.S. Department of Justice to grant early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act later this week, thereby permitting the proposed acquisition of Laidlaw by FirstGroup to close. Laidlaw and FirstGroup expect to complete the merger on Monday.
Kohler inks lease in Burr Ridge
BURR RIDGE -- Kohler Co., a kitchen and bath design firm, signed a lease to open a 13,600-square-foot Kohler Store and Kohler Waters Spa at Burr Ridge Village Center. The lifestyle shopping center is the first site to house the combination store. Opus North Corp. is the developer for the project, which includes specialty retail, office and luxury residential lofts and condos.