Skip to main content
Date
Rule
802.30
Staff
Michael Verne
Response/Comments
Agree.

Question

From:(redacted)

Sent:Monday, September 10, 2007 4:39 PM

To:Verne, B. Michael

Subject: Re: Advice

Ok. Thanks.

---------------- Original Message -------------------

From: Verne, B. Michael <MVERNE@ftc.gov>

To: (redacted)

Sent: Mon Sep 10 16:17:

A contribution to the existing JV by A with no change inmembership interests is exempt for A under 802.30, however, because B is an acquiring person, but not anacquired person for the additional assets, B may have a filing obligation.

DearMike - Here is my fact pattern:

Company A and Company B haveformed a 50/50 Joint Venture - LLC X.

Company A willcontribute $60 million in additional assets, but the membership interests willremain at 50/50 Can you confirm that this will not require an additional premergernotification.

Thanks.

About Informal Interpretations

Informal interpretations provide guidance from previous staff interpretations on the applicability of the HSR rules to specific fact situations. You should not rely on them as a substitute for reading the Act and the Rules themselves. These materials do not, and are not intended to, constitute legal advice.

Learn more about Informal Interpretations.