FTC Revises Hart-Scott-Rodino Act Premerger Notification Thresholds
The Federal Trade Commission (FTC) has approved new thresholds for premerger notification under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR). The statute requires the FTC to revise the thresholds annually based on changes in gross national product. The newly-revised thresholds apply to transactions that will close on or after February 27, 2020.
With the changes just approved, the minimum “size-of-transaction” threshold for any acquisition of voting securities, non-corporate interests or assets not exempt from HSR notification requirements will increase from $90 million to $94 million.
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