Revised 2016 Jurisdictional Thresholds Under the HSR Act and For the Prohibition of Interlocking Directorates
The memorandum addresses today’s announced changes to both the HSR premerger notification filing thresholds and the thresholds that trigger, under Section 8 of the Clayton Act, a prohibition preventing companies from having interlocking directorates. The new HSR notification thresholds will apply to all transactions closing after the effective date, which we expect will be in the last week of February 2016.
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