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0207015 Informal Interpretation
us-ftc-hsr-informal-interpretations-dd779adba4aaffeae3f68ff587489e550207015 Informal InterpretationGuidance
Date
Rule
FI 15
Response/Comments
Agree Neither step is reportable. B. Michael Verne 7/30/02
Question
From:(Redacted)
To:FTC.SERIUS(mverne ftc.gov")
Date:7/30/02 11:40AM
Subject:HSR filing Advice
Good Morning Mike I am hoping for confirmation that neither step in the following transaction is reportable:
Step 1 - Company A, Inc., which is owned 50% by Company B and 50% by Company B [sic], is being converted into an LLC.
Step 2 - Company D will purchase less than 50% of the membership interests of the LLC.
Please assume that the size of parties and size of transaction tests will be satisfied.
Thanks.
(Redacted)
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