Revised HSR Form Adds Significant Reporting Requirements

Beginning on August 18, 2011, parties to merger, acquisition and joint venture transactions that are required to file under the Hart-Scott-Rodino Antitrust Improvements Act ("HSR") must use a new HSR form and provide additional categories of information with the HSR filing. Although the revised HSR form eliminates a few burdensome categories of information companies have been required to submit in premerger filings (i.e., base year revenue data and certain SEC filings), the revised HSR form adds significant new reporting requirements particularly targeting companies managed by persons who do not control them, such as private equity funds, investment funds and master limited partnerships, and companies that engage in manufacturing operations outside the U.S.