Merger of Greenfield Online, Quadrangle Group clears waiting period hurdle

By Lisa Kerner

Charlotte, N.C., July 8 - The Federal Trade Commission granted early termination of the Hart-Scott-Rodino waiting period in the proposed merger of Greenfield Online, Inc. and an entity affiliated with Quadrangle Group LLC.

Quadrangle, a private investment firm, agreed to acquire all of the outstanding common stock of Greenfield Online for $15.50 per share in cash, or a total equity value of approximately $426 million, it was previously reported.

Greenfield Online provides internet survey and comparison shopping solutions primarily in North America and Europe. The company is based in Wilton, Conn.

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