Credit: Feodora/Adobe Stock New Merger-Review Process Could Doom Some Deals, Add Headaches, Subjectivity to Others
"We've gone from a (relatively) certain world centered around a notification that required objective information only to one that is much more murky and perhaps subject to the interpretation of rules by a particular attorney at the agency or manager at the agency," Scott Sher, a partner at Paul Weiss, says.
October 23, 2024 at 04:05 PM
7 minute read
Just as private equity-backed acquisitions are gaining steam, the Federal Trade Commission's new review process for reviewing proposed mergers risks slowing slowing down some PE deals and halting others in their tracks.
Under the revised Hart-Scott-Rodino premerger notification rules, companies will have to provide a mountain of additional information, some time-consuming to collect—creating a larger data trove for regulators to draw from to support steering deals out of the fast lane and into full, antitrust investigations.
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