NOTICE OF INTENTION TO TERMINATE POTASH FINAL JUDGMENT
PLEASE TAKE NOTICE that Exxon Mobil Corp., as successor in interest to one of the original defendants in the Final Judgment entered in United States v. Standard Oil Company (New Jersey) and Potash Company of America ("PCA") 235 F.Supp. 196 (D.N.J. 1966) (the "Final Judgment"), intends to petition the United States District Court for the District of New Jersey to enter an Order terminating the Final Judgment.
On October 23, 1964, the United States filed a complaint alleging that the Standard Oil Company of New Jersey's proposed acquisition of the Potash Company of America would violate Section 7 of the Clayton Act. After a trial on the merits, the United States District Court for the District of New Jersey entered the Final Judgment which permanently enjoined Standard Oil Company of New Jersey from acquiring PCA. If the Final Judgment is terminated, Exxon Mobil would no longer be barred from purchasing any successor to PCA, but Exxon Mobil would be required to comply with the notification and waiting period requirements under the Hart-Scott-Rodino Act.
Before determining whether it should join a motion to terminate the Final Judgment, the
Antitrust Division of the U.S. Department of Justice invites interested persons to provide
the Division with any information or comments relevant to the proposed termination.
Interested persons may submit information or comments to Maribeth Petrizzi, Chief,
Litigation 11 Section, Antitrust Division, U.S. Department of Justice, Suite 3000, 1401 H
Street, NW, Washington, DC 20530