FTC Limits Investment Rental Property Exemption

FTC’s reversal will result in more Hart-Scott-Rodino filings for companies in the pipeline, cell tower and billboard industries.

The Federal Trade Commission’s Premerger Notification Office (PNO) has significantly limited an exemption that previously removed Hart-Scott-Rodino Act (HSR) reporting obligations from many transactions involving pipelines, telecom towers and billboards.

Please see full Alert below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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