On August 26, the Federal Trade Commission announced a new position on an important factor in determining whether a transaction must be reported under the Hart-Scott-Rodino Act: whether debt repayment at closing counts in determining the value of a transaction. The FTC’s new position is that “the full or partial retirement of debt should be included in calculating the Acquisition Price in any instance where selling shareholder(s) benefit from the retirement of that debt.” An explanation of the FTC’s new...
Published by attorneys in Dorsey’s Mergers & Acquisitions practice group, Dorsey Deal Dividends covers the latest legal updates, news, and trends in M&A and other complex corporate transactions.
Our goal is to provide helpful tips and practical resources for M&A and other deals, sharing with our readers the intellectual dividends we have acquired negotiating middle-market transactions in our global corporate practice.
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Dave advises clients on venture financing transactions, mergers and acquisitions, securities filings, and corporate governance matters, including helping clients to form and optimally structure business and investment entities.
Layne is co-chair of Dorsey’s Mergers & Acquisitions practice group...
Brian advises clients on complex mergers and acquisitions in a variet...
Michael Lindsay is a Partner in Dorsey & Whitney’s Trial group...
Anthony focuses his practice on antitrust law and business litigation...
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