Davis Polk Discusses Revised Thresholds and Filing Fees under Hart-Scott-Rodino Act
The Federal Trade Commission (FTC) has announced revised Hart-Scott-Rodino Act (HSR) reporting thresholds and filing fee amounts, up to a $2.25 million fee for the largest deals. Under the new thresholds, a transaction is reportable if, due to the transaction, the acquiring person will hold voting securities, assets, or non-corporate interests valued over $111.4 million. These changes will apply to all transactions that close on or after the effective date, which is expected to be February 23.
The exact effective date for these updated reporting thresholds and filing fee amounts will depend on when the changes are published in the … Read more