11Feb
FTC and DOJ Temporarily Suspend Early Termination of HSR Waiting Periods
Last Thursday the U.S. Federal Trade Commission (FTC) announced that the FTC and the Antitrust Division of the U.S. Department of Justice (DOJ) will temporarily suspend granting early termination of the waiting period (ET) for filings made under the Hart-Scott-Rodino Act (HSR Act). Under the HSR Act’s Premerger Notification Program, the parties to a transaction must wait for expiration of the 30-day statutory waiting period (15 days for cash tender offers and certain bankruptcy transactions) to...
By:
Weil, Gotshal & Manges LLP
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