Agilent's acquisition of Varian stalled by FTC's second request

By Lisa Kerner

Charlotte, N.C., Sept. 15 - The Federal Trade Commission has asked for more information regarding the proposed merger of Agilent Technologies, Inc. and Varian, Inc., according to a form 8-K filed with the Securities and Exchange Commission.

A "second request" from the FTC extends the Hart-Scott-Rodino waiting period until 30 days after the companies have "substantially complied" with the request, the filing said.

In July, Agilent announced it will acquire Varian for $52 cash per share, or approximately $1.5 billion.

Based in Santa Clara, Calif., Agilent Technologies provides core bio-analytical and electronic measurement solutions to the communications, electronics, life sciences and chemical analysis industries.

Varian makes scientific instruments and vacuum products. The company is located in Palo Alto, Calif.

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