Sharon Connaughton

Oct 22, 2024 | jdsupra.com | Megan Browdie |Sharon Connaughton |Jeremy Morrison

On October 10, 2024, the Federal Trade Commission (FTC) announced a unanimous 5-0 vote to finalize changes to the Hart-Scott-Rodino (HSR) premerger notification program, including changes to the HSR form and associated instructions, with the Department of Justice (DOJ) concurring with the final rule.

Sep 17, 2024 | jdsupra.com | Megan Browdie |David Wesley Burns |Sharon Connaughton

The US Department of Justice (DOJ) filed a complaint and proposed consent decree alleging that Legends Hospitality Parent Holdings prematurely acquired beneficial ownership – often referred to as “gun jumping” – in connection with its proposed acquisition of ASM Global.

Aug 26, 2024 | jdsupra.com | Sharon Connaughton

While investors generally are aware that mergers and acquisitions can require antitrust filings in the United States under the Hart-Scott-Rodino Antitrust Improvements Act (HSR Act), they are sometimes surprised to learn that secondary sales also can trigger HSR Act filing obligations. Such filings are more likely for secondary sales involving large, late-stage private companies whose stock has become valuable.

Aug 23, 2024 | cooleygo.com | Sharon Connaughton

While investors generally are aware that mergers and acquisitions can require antitrust filings in the United States under the Hart-Scott-Rodino Antitrust Improvements Act (HSR Act), they are sometimes surprised to learn that secondary sales also can trigger HSR Act filing obligations. Such filings are more likely for secondary sales involving large, late-stage private companies whose stock has become valuable.

Jan 25, 2024 | jdsupra.com | Megan Browdie |Sharon Connaughton |Howard Newcomb Morse

The Hart-Scott-Rodino (HSR) Act thresholds that govern which mergers & acquisitions must be reported to the US Department of Justice (DOJ) and Federal Trade Commission (FTC) will increase slightly more than 7% in February 2024. The key minimum “size-of-transaction” threshold will increase from $111.4 million to $119.5 million.