Hart-Scott-Rodino

Hart-Scott-Rodino

May 31, 2012

Hart-Scott-Rodino filing thresholds have been increased.

The Hart-Scott-Rodino Act is a US antitrust law that requires certain acquisitions be reported to the US Federal Trade Commission for review before the transactions can close. The review period is 45 days.

As of March, the statute applies to transactions valued at more than $272.8 million. Smaller transactions of more than $68.2 million must also be reported if one of the parties — for example, the buyer — has total assets or annual net revenues of at least $136.4 million and the other party — for example, the seller — has total assets or annual net revenues of at least $13.6 million.

Keith Martin