U.S. antitrust agencies temporarily suspend practice of early terminations By Reuters

© Reuters. Signage is seen at the Federal Trade Commission headquarters in Washington, D.C.

WASHINGTON (Reuters) – The Federal Trade Commission and Justice Department’s Antitrust Division, which determine if mergers are legal, will temporarily suspend the practice of granting early terminations for mergers, the agency said in a statement on Thursday.

With the changeover to President Joe Biden’s administration and a big jump in the number of merger filings, the FTC additionally said the two antitrust regulators will also review “processes and procedures” used to grant early termination.

Early termination is when a merger is approved quickly, often within 30 days.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*