Bipartisan Bill to Increase Megamerger HSR Filing Fees Passed Out of Senate Judiciary Committee
By EsqSocial Corporation 19/05/21
Senators Amy Klobuchar (D-MN) and Ted Cruz (R-TX) do not agree on much, but they agree on one thing. The government filing fees on mergers, which have not been updated since 2001, need to be updated and large transactions should be subject to significantly higher filing fees. To that end, the Merger Filing Fee Modernization Act, which was co-authored by Senators Klobuchar and Chuck Grassley (R-IA), was unanimously passed out of the Senate Judiciary Committee and is now headed to full vote on the...
By: Foley Hoag LLP