Justin Nematzadeh’s Post

Recent developments impacting merger clearance include updated HSR thresholds, a lawsuit challenging FTC authority, and a settlement concerning FTC allegations of unlawful pre-merger coordination. Read the Husch Blackwell legal update by Wendy Arends, Victoria Sitz, Mark Tobey, and Blake Heyer: https://lnkd.in/gxX-ZPZE #mergerclearance #mergeracquisitions #antitrust

The FTC has announced its final rule on HSR premerger notifications, introducing significant changes that will impact costs and timelines for transactions. The updated rules expand reporting obligations, emphasizing a deeper dive into deal structures and beneficial ownership. While these changes aim to enhance regulatory scrutiny, they bring added complexities for dealmakers. If you're navigating these shifts, this article provides a comprehensive overview of the updates and their implications for mergers & acquisitions.

Major changes coming to US HSR merger reviews! The FTC has finalized significant revisions to the Hart-Scott-Rodino Act’s pre-merger notification rules. Starting in early 2025, businesses pursuing deals in the US will need to provide much more detailed information upfront: • Descriptions of competitive overlaps and supply relationships
• Expanded document production requirements • More details on corporate structure and minority investments
• Identification of top customers in overlapping markets Key takeaways:
• Expect HSR filings to take 2-4 weeks longer to prepare
• Deal timelines and transaction terms may need adjusting
• Start collecting required info well in advance The good news? One positive — early termination will be reinstated for non-problematic transactions. #MergersAndAcquisitions #AntitrustLaw #HSRAct #FTC

The FTC finalized significant updates to the HSR filing process, effective February 10, 2025. These changes will require more detailed information for mergers and acquisitions, including expanded descriptions of transaction rationale, ownership structures and business operations. Read the full breakdown in our latest article: https://lnkd.in/gEXvVbAh #FTC #HealthLaw #BusinessLaw #Compliance #HealthCareMergers

From Lowenstein Sandler LLP: On October 10, 2024, the Federal Trade Commission released the final revised rules governing premerger notification filings under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act.  ... The new HSR filing requirements will add complexity to filings and impose a greater burden on the vast majority of parties in HSR reportable transactions. ... As you are contemplating the timing for HSR reportable mergers and acquisitions planned for early 2025 and thereafter, below are several key changes and considerations to keep in mind. #ftc #filingrequirements #mergers #hsr #notificationfilings

Starting February 21, 2025, the FTC will implement new filing thresholds for mergers under the Hart-Scott-Rodino Act. Companies must evaluate the "Size of Transaction" and "Size of Person" to determine if a premerger notification is necessary. Updated filing fees will also apply. Stay informed to ensure compliance and avoid penalties. More details can be found in the full article. https://lnkd.in/ezwt9PPJ #HSRAct #FTC #MergerCompliance #AntitrustLaw #BusinessNews

The Federal Trade Commission announced today it’s long awaited changes to the HSR notification program for mergers and acquisitions. While the final rule represents a significant paring back of what was contemplated under the original proposal more than a year ago, the changes, which will be implemented after the new year, will significantly expand the disclosure and reporting requirements. Follow this space for more on what the new rules will bring, and what it will mean for deal makers.

Since the proposed HSR rule changes were issued in 2023, I’ve been vocal about the troubling policy and legal issues the proposal raised. But Rahul Rao is right to recognize the amount of FTC staff work that must have gone into the process. Thanks very much to the staff. The revisions made to the final rules were a significant improvement — the elimination of labor information and rollback of some of the more onerous document collection and production obligations, especially. The delay in issuing the final rules was worth it to see the changes that were made. Hopefully the remaining ambiguities are resolved soon.

Businesses, take note of the revised HSR reporting thresholds for major transactions and merger filing fees effective February 21, 2025. In this latest legal alert, Smith Anderson’s Miranda Miller and John Jo provide the details for businesses to ensure compliance and avoid penalties.

Businesses, take note of the revised HSR reporting thresholds for major transactions and merger filing fees effective February 21, 2025. In our latest legal alert, Smith Anderson’s Miranda Miller and John Jo provide the details for businesses to ensure compliance and avoid penalties.