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Date
Staff
Michael Verne
Response/Comments
07/08/2008 – It does not.

Question

From: (REDACTED)

Sent:   Monday, July 14, 2008 5:15 PM

To:      Verne, B. Michael

 

Subject: foreign government entity

Mike

Could you please advise on how this affects an acquisition by a joint venture.

The joint venture is owned 85/15%. The 85% belongs to a foreign government entity that seems to qualify for an exemption under 801.1 (a)(2), the 15% to a private company.

I understand that the filing requirement now reverts to the joint venture (Int. 34), but I just want to confirm that the private company that owns the 15% has no filing obligations of its own.

Thank you.

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