Wait, I Thought We Were Done? DOJ Challenges $4B Merger Months After HSR Filing and Expiration of the HSR Waiting PeriodRenita Khanduja
As a result of the surge in HSR filings, the FTC has started to send a formletterto some transacting parties for whom the waiting period is set to expire with the investigation yet to be completed. The letter does the following: indicates that the FTC’s investigation remains open, but al...
Avid Bioservices, Inc. has announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act regarding its planned acquisition by GHO Capital Partners and Ampersand Capital Partners. The company's CEO, Nick Green, expressed optimism about this milestone...
In general, an HSR filing is required when a transaction meets the “size of transaction” and “size of persons” tests. The thresholds for these tests change annually. Currently, only deals valued at $92 million or more meet the size of transaction test; deals valued at less than $92 m...
sure, the proposed rules will provide more up-front information for Agency staff to consider, but is the extra work that will now be required for all HSR-reportable transactions worth the cost to the parties, as well as the time for agency staff to review this information for...
Also consider the current value of previously acquired minority positions to plan accordingly for potential HSR filing and waiting period requirements when participating in follow-on offerings. Review minority holdings that may have appreciated above the HSR threshold and plan for future incremental purchas...
Also consider the current value of previously acquired minority positions to plan accordingly for potential HSR filing and waiting period requirements when participating in follow-on offerings. Now is a good time to review minority holdings that may have appreciated above the HSR notif...
(d) The Company and each Filing Party shall use commercially reasonable efforts to cause the waiting periods under the applicable Antitrust Laws to terminate or expire at the earliest possible date after the date of filing. The communications contemplated by this Section 7.15 may be made by the...
HSR Clearance means the filing of a Notification and Report Form with the United States Federal Trade Commission and the United States Department of Justice under the HSR Act and the expiration or termination of any applicable waiting period thereunder, if required. Sample 1Sample 2AI Drafting Tool...
Although the HSR Act filing fees will not increase, these adjustments do affect the filing fee schedule as follows: These adjustments constitute the primary changes to the HSR Act regulations adopted by the FTC on February 15, 2019. Additional regulations governing the methodology for calculating th...