There are two thresholds, and both must be exceeded. The first one is that all parties to a merger must have more than $400 million in assets or revenues generated from those assets. The second threshold—and again, both must be met—is that the assets being acquired must generate more than $93 million in sales, or the value of those assets themselves is $93 million.
When a merger exceeds those thresholds, it is notifiable. Companies must provide us with prescribed information to enable us to do a review.