The FTC has announced new HSR filing thresholds as follows.
Any acquisition of voting securities and/or assets requires premerger notification to the Federal Trade Commission and the Department of Justice under the HSR Act and the regulations promulgated thereunder (16 C.F.R. Sections 801 - 803) if the following tests are satisfied and if no exemption applies (15 U.S.C. Section 18a(a)(2)). Where an HSR notification is required, both parties must file, the acquiring person must pay a filing fee (either $45,000, $125,000 or $280,000, depending upon the size of the transaction) and the parties must observe a 30-day waiting period prior to closing.
The FTC is expected to publish a notice of the new thresholds in the Federal Register in the next few days, and the thresholds will become effective 30 days later (the "Effective Date"). Parties whose transaction will close on or after the Effective Date will be subject to the revised thresholds.