What this is
Threshold from two law-firm summaries ($133.9m, not 2025's $126.4m). An ET grant would have implied price > $133.9m; none found on the readable page.
The values
- Threshold 2026: $134m
- In force from: 17 February 2026 (signing 18 February 2026)
- If price le 133.9: no HSR filing; no FTC trace; silence uninformative
Some detail is too fine to show here; it is kept in the trainer’s notes.
Where it comes from
Our calculation from other figures in the trainer’s notes.
Show the working
- Threshold from two law-firm summaries ($133.9m, not 2025's $126.4m)
- An ET grant would have implied price > $133.9m
- none found on the readable page
- Absence of ET does not imply absence of filing