Question
From:(redacted)
Sent:Wednesday, August 18, 2004 11:09 AM
To:Verne, B. Michael
Subject: Products deletedquestion
Dear Mike,
We have a situation where a company preparing an HSR form was in business in1997 but sold off their main business in 2001 and is currently generatingrevenues under other NAICS codes. The company essentially sold a division, anddid not sell an entire entity in 2001. As I mentioned, the same company isoperating today, in a separate line of business. I see under Instruction5(b)(ii) that "products deleted by reason of dispositions of assetsconstituting less than substantially all the assets of an entity since 97should be listed in Products Deleted." Is there a bright line for"substantially all the assets?" I'd like to clarify whether any 1997revenues from the pre-2001 NAICS codes should be provided while also listingthat NAICS in 5(b)(ii) Products Deleted.
If you need anyclarification on the above question, I can be reached at (redacted).