• Revised HSR Thresholds Are Effective February 28, 2008
  • March 13, 2008
  • Law Firm: Winston & Strawn LLP - Chicago Office
  • The Federal Trade Commission recently announced the annual changes to the notification thresholds for filings under the Hart-Scott-Rodino Notification Act ("HSR"), as well as certain other dollar values under the HSR rules. As background, acquisitions of voting securities or assets that exceed certain thresholds have to be notified to the U.S. antitrust authorities for review before they can be completed. The "size-of-transaction threshold" requires that the transaction exceed a certain value. If that threshold is met, in certain circumstances, the parties involved also have to meet certain "size-of-person thresholds" based on net sales or total assets.