Rule(s):

 Item 6(c)(i) and 6(c)(ii)

Staff:

Michael Verne

Response / Comments:

 08/2011 –  Item 6 example

 

Original Image File

 

To:             Walsh, Kathryn; Berg, Karen E.; Jones, Robert L.
Subject:   Another 6(c) question

A is the acquiring person filing notification. It holds 25% of B, which overlaps with the target. B holds 25% of C, which also overlaps with the target. What is reported in 6(c)(i)?

Only the 25% holding in B is reported, because A does not hold a minority interest in C.