2402005 Informal Interpretation

She inberg, Samuel I.
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Sent:
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S ubj ect:
HSR Help
Thursday, February 8, 2024 11:35 AM
Walsh, Kathryn E. ; Berg, Karen E. ; Shaffer, Kristin; She inberg, Samuel I.; Six, Anne; Whitehead, Nora;
Fetterman, Mic helle; Burton, Jun e; Larson, Peter
FW: Question about HSR fo rm Item 3(a )
From: Musick, Vesselina < vmusick@ftc. gov>
s
T
We agree wi th yo ur proposed approach. Thank y ou for checking.
-Kind regard s.
Vessel ina Mu sick
Attorney I Federal Trade Commission I Premerger Notification Office
(UTC-05 :00) Eastern Time (US & Ca nada)
Direct + 1 202.326.2307 I Email: vmusick@ftc.gov Iwww.ftc.gov
From:
Se nt :
To: HSRHe l 	< HSRHe l @ft c. ov>
Cc:
Dear Premer ger Not ification Offi ce,
Th is questi on is about the proper w ay t o i dent i fy " acquired ent it ie s" in Item 3(a) of the HSR form .
These are the relev ant facts: A purchase agreement is signed w hereby a sell er agrees to tran sfer a set of assets by se lling
a ll the equit y shares of appr oxi mate ly ten corporate ent it ies that ho ld the a ss ets. Betw een the signing of the agreement
and the closing, the se ll er i ntend s to engage in a corporate r eo rganization that ma y change the ent it ies that ho ld the
assets in question. Accordingly, the re ma y be some ent it ies that ex is t toda y that will not exist or w ill become sub sidi ar ies
of other ent it ies by the t i me of the closing. In an y ev ent, the t ransferring assets w ill remain the same; the que st ion
relate s on ly to the ident it ies of the corpo r ate ent it ies - all of w hi ch are wi th in the same ult i mate par ent - that ho ld the
assets at the t i me of closing.
For Item 3(a ), w e propo se to include the broadest list of cor po r ate ent it ies that may tran sfer at closing. We will note
whi ch ent it ies may or may not change by the t ime of closing and explain the li st an d the reorganization in the
Transact ion Descri pt ion .
Please l et us know if th is is inconsistent wi th any ru les or requi rement s for comp l et ing Item 3(a), or if you need an y
addit ional i nformat i on .
Sincerely,
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