File
Original Image File (22.19 KB)
0009007 Informal Interpretation
us-ftc-hsr-informal-interpretations-3037fa1b6c9b252c851062762a2b37df0009007 Informal InterpretationGuidance
Date
Rule
802.4
Response/Comments
Company A acquiring partnership B: - 100% interests - look through to underlying assets - minority interest - exempt regardless of underlying assets Partnership B acquiring Company A - minority or controlling interest: look to underlying assets to determine exempt.
Question
From: (redacted)
To: "mverne@ftc.gov" <mverne@ftc.gov>
Date: Wed, Sep 20, 2000 11:29 AM
Subject: HSR follow-up.
Thank you for your advice. Subsequently to our conversation, I learned that both Company a and Partnership B have investments in other homebuilding partnerships or LLCs - all of whose assets would be exempt. Since these are partnership interests, I could not find an exemption. If the value of each of these interests were in excess of $15MM would filing be required, or is there another exemption that would apply. Thanks.
cc: (redacted)
NOTICE TO RECIPIENT: THIS E-MAIL IS MEANT FOR ONLY THE INTENDED RECIPIENT OF THE TRANSMISSION, AND MAY BE A COMMUNICATION PRIVILEGED BY LAW. IF YOU RECEIVED THIS E-MAIL IN ERROR, ANY REVIEW, USE, DISSEMINATION, DISTRIBUTION, OR COPYING OF THIS E-MAIL IS STRICTLY PROHIBITED. PLEASE NOTIFY US IMMEDIATELY OF THE ERROR BY RETURN E-MAIL AND PLEASE DELETE THIS MESSAGE FROM YOUR SYSTEM. THAN YOU IN ADVANCE FOR YOUR COOPERATION
Continue your research in ChatGPT or Claude
Connect Omnilex to search the legal corpus from your AI assistant.