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A&B are not direct competition. A vendor-vendee type relationship does not preclude the use of this exemption. A appears to meet the other requirements of the exemption.
The conveyance of the membership interest which gives A the right designate a majority of the directions of B is viewed as the acquisition of all of the assets of B by A. If the assets are valued in...
We consider these to be voting securities (no conventional), will allow them to closed into escrow with unwind provision. N. Ovuka, J. Parisi, M. Bruno, Agree.