January 16, 2013

FTC Increases HSR Threshold to $70.9 Million

Last week, the FTC announced the latest annual revision to the size thresholds governing premerger notification requirements under the HSR Act so that transactions will be reportable only if, as a result of such transaction, the acquiring person will hold voting securities, assets, or non-corporate interests of the acquired person valued above $70.9 million, compared to $68.2 million in 2012. The newly adjusted HSR thresholds will apply to all transactions that close on or after the effective date, which is expected to be in mid-February (the exact date will depend on when the changes are published in the Federal Register). We have posted some of the many memos on this change in our “Antitrust” Practice Area.