What is a premerger notification?

Premerger notification involves completing an HSR Form, also called a “Notification and Report Form for Certain Mergers and Acquisitions,” with information about each company’s business.

What triggers an HSR filing?

The filing requirement is triggered only if the value of the transaction and, in some cases, the size of the parties, exceeds certain dollar thresholds, which are adjusted periodically under the Act.

How do I file an HSR?

Checklist for Submitting an HSR Filing

1. Answer each required item.
2. Request Early Termination, if desired.
3. Provide an answer to Item 1(f) if applicable.
4. Identify the contact representatives in Item 1(g) who will be available to answer questions during the waiting period.
5. Check the highest available threshold in Item 2(c).

What is FTC early termination notice?

The HSR Act specifies certain required waiting periods, but any filing party may request the termination of the applicable HSR waiting period before its end.

Who Must File HSR?

Regardless of the size of the parties, an HSR filing will be required if the size of the transaction is at least $368 million. These figures will be adjusted for changes in GDP again next year.

Is HSR filing public?

Your filing will not be published or accessible to the public, and there is a spe- cific statute that prevents members of the public from accessing HSR filings through Freedom of Information Act requests.

Who pays HSR filing fee?

Acquiring Person
Although the parties must submit HSR filings to both the FTC and the DOJ, only one filing fee is required per transaction. The Acquiring Person is responsible for ensuring the payment of the filing fee and usually pays the entire amount, but any arrangement between the parties is acceptable.

Who needs to file HSR?

Who are the current FTC commissioners?

Commissioners

How does the FTC benefit consumers?

Protecting Consumers The FTC protects consumers by stopping unfair, deceptive or fraudulent practices in the marketplace. We conduct investigations, sue companies and people that violate the law, develop rules to ensure a vibrant marketplace, and educate consumers and businesses about their rights and responsibilities.

What is HSR filing fee?

At present, there are three levels of filing fees for HSR filings: (1) $45,000 for transactions valued at more than the filing threshold but less than $100 million “AA” (“As Adjusted”); (2) $125,000 for transactions valued at $100 million AA or more but less than $500 million AA ; and $280,000 for transactions valued …

What HSR reporting?

What are the HSR Filing Requirements? HSR filings are premerger notifications that parties to a proposed merger transaction make with both the Federal Trade Commission and the Department of Justice. Subject to minor exceptions, both the seller and the buyer must each separately file with both agencies.