Activist Funds Won’t Need U.S. Antitrust Nod Under New Proposal
The Federal Trade Commission on Monday proposed a rule that would exempt such investments from antitrust filing requirements in certain circumstances.
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Activist investors who buy up to 10% of a company’s shares won’t need to first get U.S. antitrust approval for the purchases under a new proposal by competition regulators.
The Federal Trade Commission on Monday proposed a rule that would exempt such investments from antitrust filing requirements in certain circumstances.