M&A
confidence high
sentiment positive
materiality 0.75
MasTec and IEA HSR waiting period expires; deal expected to close October 2022
MASTEC INC
- Expiration of HSR waiting period removes one condition for MasTec's acquisition of IEA.
- Transaction expected to close in October 2022, subject to IEA stockholder approval and other conditions.
- MasTec (NYSE: MTZ) and IEA (NASDAQ: IEA) jointly announced the milestone.
- No financial terms revised; remaining customary closing conditions still need to be met.