White & Case Antitrust partner George Paul spoke with The Deal about the impact of the US federal government shutdown on antitrust merger clearance for transaction parties.
"It could have implications for deal financing, drop-dead dates in merger agreements" and efforts to coordinate international sign-offs so parties can close worldwide "at the same time," he said.
On navigating antitrust merger clearance, the story notes that Paul recommends that companies file merger applications rather than wait for the situation to return to normal.
"If you have the time, it's an option," he said.
Read the full article here (paywalled).
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