The Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the HSR Act), requires parties to a proposed merger; acquisition of stock, assets or unincorporated interests; or other business combination meeting certain thresholds to make a premerger notification to the Federal Trade Commission (FTC) and the Antitrust Division of the Department of Justice, and to observe a waiting period prior to consummating such transactions. Section 7A(a)(2) of the Clayton Act requires the FTC to revise all of the HSR Act thresholds annually, based on changes in the gross national product. On January 19, 2017, the FTC announced its annual adjustments to the current HSR Act thresholds. The 2017 thresholds will apply to transactions that will close on or after February 27, 2017. The revised 2017 thresholds are slightly higher than the 2016 thresholds, and are as follows:
For more information on the matters discussed in this Locke Lord QuickStudy, please contact the authors.
Sign up for our newsletter and get the latest to your inbox.