Lugar de Noticias Haynes and Boone
On July 7, 2011, the Federal Trade Commission announced that it had finalized changes proposed in August 2010 to the Hart-Scott Rodino Antitrust Improvements Act (“HSR”) and to the Premerger Notification and Report Form (“form”) required to be filed by companies with the FTC and Antitrust Division of the U.S. Department of Justice (collectively, the “agencies”) in connection with certain acquisitions that meet the requisite thresholds and are not exempt.
The changes to the form and the rules will become effective 30 days after the final rules are published in the Federal Register, which we anticipate will occur shortly.
Most of the proposed rules were adopted as proposed. Set forth below is a summary of new disclosures that must be made as well as some disclosures that have been eliminated.
Excerpt from Law360, July 21, 2011. To view the full article, click here (subscription required).