1304009 Informal Interpretation

Michael Verne

Yes – 802.30 covers both of these.


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.

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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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