Revised Jurisdictional Thresholds Under the HSR Act and For the Prohibition of Interlocking Directorates
Client Memorandum

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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 which will close on or after late February 2015.