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– Agree. UPDATE March 23, 2015: The PNO’s current position is that where the primary acquisition is exempt under 802.51 or 802.52, any secondary acquisition (as defined in Section 801.4(a)) is also...

- Informed writer that there are two transactions here. The transaction value of the first is $80MM, in which the business is being sold. The other transaction is the reinvestment of $15MM by the...