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802.4 |
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Staff: |
Michael Verne |
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Response / Comments: |
10/20/2011 - Yes -you can use it on a minority acquisition of voting securities, but you can't value the non-exempt assets pro rata to the percentage you are acquiring. You still need to value 100% of the non-exempt assets. |
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From: |
(Redacted) |
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Sent: |
Thursday, October 20, 2011 12:27 PM |
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To: |
Verne, B. Michael |
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Subject: |
quick question |
Hi, Mike. Quick question. I don't think I've seen an informal interpretation that addresses this. Can you use 802.4 in the context of a minority acquisition? All of the examples and interpretations seem to contemplate obtaining control.