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Hart-scott-rodino Act

For Hart-scott-rodino Act we have a term and definition in Finance.



Hart-scott-rodino Act (Finance)

Often used in risk arbitrage. Antitrust act administered by U.S. Department of Justice and the FTC that requires an investor to file a form with the government before he acquires an economic interest in the lesser amount of $15 million or 15% of the capitaliation of a specific security. The government has thirty days to respond to the filer.


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