The US DoJ fines corporation $720,000 to settle charges that it violated HSR Act’s premerger notification and waiting period requirements (M&F)

HSR Compliance: The Consequences of Being Lackadaisical … A $720,000 Fine* MacAndrews and Forbes’ (M&F) settlement with the Department of Justice (DOJ) on June 20, 2013, provides a good reminder that simply surviving the Hart-Scott-Rodino (HSR) Act waiting period or receiving an early termination is not the end of HSR premerger notification compliance. The settlement demonstrates the need to be continually vigilant of HSR compliance matters, including, e.g., time periods and size of transactions. M&F agreed to pay $720,000 to settle charges that it violated the premerger notification and waiting period requirements of the HSR Act when it acquired voting securities of Scientific Games Corporation (SG) in a follow-on acquisition. The DOJ simultaneously filed a complaint against

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  • Boies, Schiller & Flexner (Miami)

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Keith J. Blum, The US DoJ fines corporation $720,000 to settle charges that it violated HSR Act’s premerger notification and waiting period requirements (M&F), 20 June 2013, e-Competitions June 2013, Art. N° 53259

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