25Sep
FTC Proposed HSR Amendment Could Make It Easier For Activist Investors And Hostile Bidders To Keep Positions Confidential From Issuers
On September 21, 2020, the Federal Trade Commission (the “FTC”) announced proposed amendments that, if enacted, would make significant changes to the premerger notification rules under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”). The proposal coincides with the FTC’s ongoing examination of the competitive implications of “common ownership” of minority holdings in competing entities......
By:
Morrison & Foerster LLP
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