West, Genesys merger clears waiting period hurdle

By Lisa Kerner

Charlotte, N.C., March 6 - The Federal Trade Commission said it granted early termination of the Hart-Scott-Rodino waiting period in the proposed merger of West Corp. and Genesys.

In February, West announced it would acquire Genesys for $3.681 per ordinary share and per American Depositary Share in a transaction valued at $268.8 million.

West plans to combine Genesys with its subsidiary, InterCall Inc., following the transaction's close, which is slated for the second quarter, it was previously reported.

West is an Omaha-based outsourced communications services provider.

Genesys, based in Montpellier, France, also provides outsourced communication solutions.

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