What is the HSR threshold?

What is the HSR threshold?

For example, a deal valued at $93 million which will close on or after March 4, 2021, is reportable because it is above the new minimum size of transaction threshold, even though it does not exceed the current threshold of $94 million….Share This Page.

Does HSR apply to asset purchases?

In general, acquisitions of assets or voting securities/NCI that are exempt from HSR Act reporting requirements are not included in the valuation of a transaction.

What is an 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 …

Who does HSR review?

What are the Requirements of an HSR Antitrust Filing for a Merger or Acquisition? In the United States, mergers and acquisitions involving companies of a certain size must be reviewed by one of the competition authorities—the Federal Trade Commission or the Department of Justice. Under 15 U.S.C.

How does HSR work?

The HSR Act provides that parties must not complete certain mergers, acquisitions or transfers of securities or assets, including grants of executive compensation, until they have made a detailed filing with the U.S. Federal Trade Commission and Department of Justice and waited for those agencies to determine that the …

Is HSR approval public?

The contents of the HSR submission, as well as the fact that the parties filed HSR forms at all, is kept confidential by the U.S. agencies.

When should I 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.

Who pays HSR fee?

Buyer
HSR Filing Fee means the filing fee paid by the Buyer or its Affiliates prior to the date hereof pursuant to the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. HSR Filing Fee means the filing fee of $125,000 payable under the HSR Act.

Do I need a HSR?

You are not obliged to have a Health and Safety Representative (HSR). A worker must request that an HSR be elected and then the company must facilitate the election process, which begins with workers deciding the appropriate work groups that the HSR will represent.

What does HSR mean?

HSR

What triggers an HSR filing?

What are the Relevant Thresholds That Trigger HSR Filing Requirements? The HSR Act notification requirements apply to transactions that satisfy the specified “size of transaction” and “size of person” thresholds. These thresholds are adjusted annually to reflect changes in the U.S. gross national product.