H-S-R Filing Thresholds Increased

Effective February 22, 2007, The Federal Trade Commission has increased the threshold amounts for Hart-Scott-Rodino premerger filings pursuant to the Hart-Scott-Rodino Antitrust Improvements Act of 1976. As a result, no transaction resulting in the acquiring person holding assets of securities valued at $59.8 million or less (increased from $56.7 million) will be required to be reported. All acquisitions in excess of $239.2 million (increased from $226.8 million) will have to be reported regardless of the size of the persons to the transaction.