Under the Hart-Scott-Rodino Act of 1976, large mergers and acquisitions not close until the specified waiting period has passed unless the government grants early termination of the waiting period.

Question

Under the Hart-Scott-Rodino Act of 1976,  large mergers and acquisitions  not close until the specified waiting period has passed unless the government grants early termination of the waiting period.

Quizplus · Accepted Answer

The Hart-Scott-Rodino Act requires parties to large mergers and acquisitions to file a detailed report with the Federal Trade Commission and the Department of Justice, and then wait for a specified period to allow the agencies to review the transaction for antitrust concerns. The waiting period can be terminated early if the review is completed sooner and the government has no objections.

Under the Hart-Scott-Rodino Act of 1976, Large Mergers and Acquisitions