InvestorsHub Logo
Followers 1
Posts 311
Boards Moderated 0
Alias Born 12/07/2006

Re: None

Tuesday, 12/26/2006 12:30:50 PM

Tuesday, December 26, 2006 12:30:50 PM

Post# of 590
Applications Given Early Antitrust Clearance By FTC
Dow Jones Newswires - December 26, 2006 10:19 AM ET

The Hart-Scott-Rodino Act requires under certain circumstances that prospective acquirers of voting securities or assets apply for clearance from regulators. Requests for early termination or clearance are granted when the Federal Trade Commission and the antitrust division of the Justice Department have determined that they won't take enforcement action during the waiting period.

The following is a list of companies or people to which the FTC has granted early clearance of antitrust concerns under the HSR Act:

Harbinger Capital Partners Offshore Fund I Ltd. Friday
Calpine Corp.

a) One entity has sales or assets of at least $100 million.

b) The other entity has sales or assets of at least $10 million, and

c) As a result of the transaction, the acquiring entity will hold an aggregate amount of stock and assets of the acquired entity valued at more than $50 million, or

d) As a result of the transaction, the acquiring entity will hold an aggregate amount of stock and assets of the acquired entity valued at more than $200 million, regardless of sales or assets of the acquiring or acquired entity.


If it wasn't for everybody manipulating the market, there wouldn't be a stock market at all.