FTC Raises Hart-Scott-Rodino Thresholds

The Federal Trade Commission (FTC) has announced that it will raise the Hart-Scott-Rodino Act (HSR Act) jurisdictional and filing fee thresholds. The new thresholds are expected to be effective on or about February 22, 2007. The new rules include an increase in the size-of-transaction test from greater than $56.7 million to greater than $59.8 million, meaning that under the new threshold, acquisitions valued for HSR Act purposes at $59.8 million or less will not require pre-closing filing and approval.

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