The Federal Trade Commission recently announced changes to the thresholds governing premerger notification filings that must be made under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR). Effective February 21, the various HSR notification thresholds rose to reflect inflation. As a result, transaction valued at less than $59.8 million will no longer require HSR filings. The thresholds used to apply the “size of person” test have increased as well. In order to satisfy the “size of person” test under the new thresholds, one party must have net sales or total assets of at least $12 million and the other party must have net sales or total assets of at least $119.6 million.
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