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Mr. Wayman estimated that antitrust approvals, if granted, could come as early as February or as late as June.
The fee is payable if Mars simply breaches the agreement and decides to walk or otherwise in other circumstances where the transaction fails to obtain antitrust approvals.
He said that Alcan would abandon its pursuit of Pechiney if it was unable to get by the first phase of antitrust approvals from the European Commission.
The Weetabix deal is subject to regulatory and government approvals in China and unspecified antitrust approvals, Lion Capital said, adding that completion of the transaction was expected in the second half of the year.
Wyndham said it expects the merger to close in the fourth quarter of 2005, subject to shareholder and antitrust approvals.
The deal will close by year-end, subject to its receipt of antitrust approvals in the U.S. and abroad, the company said.
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Last week AB InBev gained EU antitrust approval for the transaction.
If the deal wins antitrust approval, the merged airline would replace Delta Air Lines as the top carrier.
Nasdaq could raise its offer, but without antitrust approval, its offer is still quite risky.
A legal battle could complicate antitrust approval.And an even greater threat than Amazon looms.
But the biggest problem, obtaining antitrust approval from European Union regulators, has not yet been fixed.
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