United States · Bill · HR
H.R. 3246 (100th)
Foreign Merger Information Act of 1987
Introduced
9 September 1987
Last action
—
Status
Referred to Subcommittee on Monopolies and Commercial Law.
Sponsors
—
Subjects
Discovery layer
Source updated
28 August 2025
Summary
Foreign Merger Information Act of 1987 - Amends the Clayton Act to revise premerger notification requirements. Applies such requirements to proposed mergers where: (1) the person to be acquired has total assets or annual net sales of $1,000,000 (currently, $10,000,000) or more; and (2) the acquiring person, if it is a foreign person, would hold five percent or more of the voting securities or assets of the acquired person.
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Documents
1 official file
Introduced in House
summary · EN · 9 September 1987
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/100th-congress/house-bill/3246
- Open data entity: https://api.congress.gov/v3/bill/100/hr/3246