Acquisitions involving companies of a certain size cannot be completed until certain information is supplied to the federal government and until a specific waiting period has elapsed.

Question

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This statement is referring to the Hart-Scott-Rodino Antitrust Improvements Act, which requires that certain information be provided to the Federal Trade Commission and the Department of Justice before mergers or acquisitions of a certain size can be completed. A waiting period of 30 days (or longer, depending on certain factors) must also elapse before the transaction can be completed.

Acquisitions Involving Companies of a Certain Size Cannot Be Completed