January 25, 2011
FTC’s New, Higher Hart-Scott-Rodino Thresholds
Last week, the Federal Trade Commission announced the annual adjustment of its HSR thresholds, the ones that dicate which mergers and acquisitions must be reported to the FTC and DOJ. Once the new HSR thresholds go into effect – they will apply to deals closed 30 days after the thresholds are published in the Federal Register – notification will be required if the acquiror holds another person’s assets or voting securities valued in excess of $66.0 million (previously $63.4 million), and
– The transaction involves one party with annual net sales or total assets of $13.2 million or more (previously $12.7 million) and another party with annual net sales or total assets of $131.9 million or more (previously $126.9 million); or
– The acquiring party will hold assets or voting securities of another person valued in excess of $263.8 million (previously $253.7 million).
We have posted memos regarding this development in our “Antitrust” Practice Area.