1304009 Informal Interpretation

Date:
Rule:
802.30
Staff:
Michael Verne
Response/Comments:

Yes – 802.30 covers both of these.

Question

From: (Redacted)
Sent: Monday, April 22, 2013 1:41AM
To: Verne, B. Michael
Subject: 802.30

Hope all is well. Just wanted to confirm whether the acquisition of 50% of the assets or the transfer of assets from one sub to another within the same person is exempt under 802.30 alone or in combination with 802.4?

In the first example - assume it's either a 50/50 corporate JV in which one partner is buying out the other partner's 50% of voting securities or buying back the product rights.

About Informal Interpretations

Informal interpretations provide guidance from previous staff interpretations on the applicability of the HSR rules to specific fact situations. You should not rely on them as a substitute for reading the Act and the Rules themselves. These materials do not, and are not intended to, constitute legal advice.

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