Deal Review: Raising the Bar

In 1976, Elvis was alive, computers ran on punch cards, and $15 million was a lot of money. Times have changed -- but not the Hart-Scott-Rodino Act. The 1976 act decreed all corporate mergers and acquisitions worth more than $15 million must be approved by the government. The $15 million threshold is still in place 23 years later, but instead of applying to 150 mergers annually, the law now affects nearly 5,000. Sen. Orrin Hatch introduced a bill to raise the cutoff to $35 million.

In 1976, Elvis was still alive, computers ran on punch cards, and $15 million was a lot of money.

Times have changed – but not the Hart-Scott-Rodino Act.

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Deal Review: Raising the Bar

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