For the last several years, investor activism to further environmental, social, and governance (ESG) goals has faced significant antitrust scrutiny in the United States. This scrutiny reached a new level in June 2024 when the...more
Earlier this year, the Federal Trade Commission (FTC), with concurrence from the Antitrust Division of the Department of Justice (DOJ), issued a Final Rule implementing substantial changes to the pre-merger notification...more
Key Takeaways -
The 2025 adjusted HSR threshold is $126.4 million. All transactions valued below that amount are exempt from the HSR filing requirement....more
Key Takeaways -
The involved companies violated the HSR Act by assuming operational control prior to the expiration of the mandated 30-day waiting period....more
1. Although the Final Rule includes less extensive changes than those originally proposed, these changes will significantly increase the cost and the time required to prepare filings....more
Key Takeaways - The method of acquisition of voting securities does not matter for HSR purposes. The civil penalties for individuals or companies that miss HSR filing obligations can be significant....more
What is the Hart-Scott-Rodino (HSR) Act? The HSR Act revamped the Federal government’s review of mergers and acquisitions to require premerger notification of transactions of a certain size and character and implemented a...more