The McGraw-Hill Companies (NYSE: MHP), one of the world's foremost financial information companies, and CME Group (NASDAQ: CME), the world’s leading and most diverse derivatives marketplace, announced today that they have received notification that the U.S. Department of Justice has completed its review of the proposed joint venture company, S&P Dow Jones Indices, and has granted early termination of the statutory waiting period. Accordingly, the condition to the formation of the joint venture related to the Hart-Scott-Rodino Antitrust Improvements Act has been satisfied. The formation remains subject to other customary closing conditions. A closing date has not yet been announced, but the S&P Dow Jones Indices joint venture is targeted to be completed by the end of June.
More information on S&P Dow Jones Indices will be published upon close of the transaction.
