FTC Reminds Parties of HSR Obligations for Transactions Without Cash Consideration
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A recent blog post by the Federal Trade Commission’s (FTC) Premerger Notification Office (PNO) reminds parties that the Hart-Scott-Rodino (HSR) Act may apply to many acquisitions where the buyer does not actually purchase voting securities, non-corporate interests, or assets for cash. The PNO’s advice is to carefully monitor for potentially reportable transactions even where the acquirer does not have to “write a check.”
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