Quote:
Originally Posted by carlsonjok
Presumably, the transaction is larger enough that it will need to go through the HSR anti-trust review process at the Federal Trade Commission. Prior to HSR, both companies must continue to act independent and there are significant proscriptions against sharing certain types of information, as well as against the acquiring company directing the activities of the acquired company.
So, the statement above can be factually true, even if the deal has been agreed to by the parties. |
Brent used the word "still" maybe that was significant in context. I can't remember the HSR thresholds now, I'll have to look that up. They're fairly large though. I thought the transaction size had to be somewhere around $90 million.