Key Takeaways -
The involved companies violated the HSR Act by assuming operational control prior to the expiration of the mandated 30-day waiting period....more
1. Although the Final Rule includes less extensive changes than those originally proposed, these changes will significantly increase the cost and the time required to prepare filings....more
Key Takeaways - The method of acquisition of voting securities does not matter for HSR purposes. The civil penalties for individuals or companies that miss HSR filing obligations can be significant....more