The Federal Trade Commission (FTC) has announced the following
annual adjustments of the Hart-Scott-Rodino (HSR) filing thresholds
(15 USC § 18a, Clayton Act § 7A) for stock and asset
acquisitions, mergers, consolidations, joint ventures and similar
transactions. The new thresholds will apply to transactions closing
on or after March 6, 2024.
- All transactions valued at not more than $119.5
million will be exempt from all HSR filing and
waiting period requirements (assuming no prior or related
transactions between the parties or their affiliates); an increase
from last year's $111.4 threshold.
- All transactions valued at $478 million and
over, not otherwise exempt under one of the many
substantive HSR exemptions, will require a pre-acquisition filing
and will need to observe the 30-day waiting period requirement
(subject to possible early termination, if/when fully
reinstated).
