Hercules Incorporated

Text (OCR of the scan at left; may contain errors)

IN THE MATIER OF HERCULES INCORPORATED, ET AL.

MODIFYING ORDER IN REGARD TO ALLEGED VIOLATION OF SEC. 7 OF THE CLAYTON ACT Docket C- 1794. Final Order, Sept. 1970-Modified Order, Apr. , 1982. This order reopens the proceeding and modifies the Commission s order issued on September 23, 1970 77 F. C. 1242, 35 F.R. 16366, by deleting Paragaphs IV and VIII from the order, so as to allow the company to acquire domestic rope producers without prior Commission approval and to relieve respondent of the obligation of notifying the Commission of any change in the corporate organiztion.

ORDER REOPENING PROCEEDING AND MODIFYING ORDER By petition fied December 1, 1981, respondent Columbian Rope Company ("Columbian ) requests, pursuant to Section 5(b) of the Federal Trade Commission Act (15 U.s.C. 45(b)), that Paragraph and VIII of the Comission s Order issued in this matter on September , 1970, be modified so that Columbian no longer requires the Commission s prior approval to acquire, directly or indirectly, the whole or any part of the stock, share capital or ass ts of any company involved in the manufacture and sale of rope in the United States. Columbian also sought to delete the only other order provision binding Columbian, Paragraph VIII, which requires notice of changes in corporate organization.

Pursuant to Section 2.51 of the Commission s Rules of Practice and Procedure, the petition was placed on the public record for thirty days. No comments were received.

Upon consideration of the petition and its supporting materials the Commission finds that elimination of Paragraphs IV and VIII is in the public interest.

Accordingly, it is ordered that the proceeding be, and it hereby is reopened for the purpose of modifying the Order entered therein; It is further ordered That the Paragraph IV and Paragraph VIII shall terminate upon servce of this order. 405 Complaint