The $11 million penalty is the highest issued for violating the US Hart-Scott-Rodino Act Antitrust Improvements Act of 1976 (HSR). The highest fine previously paid for an HSR violation was $5.67 million.
ValueAct also agreed to injunctive relief designed to prevent future violations as part of the settlement, according to a release from the DOJ.
According to the DOJ, ValueAct bought more than $2.5
