Question
From: (redacted)
Sent: Friday, October 28, 2005 9:48 AM
To: Verne,B. Michael
Subject: HSR question
Hello, Mike.Thank you again for your help yesterday with my questions about joint ventures.I would like to check my understanding on a new matter that has arisen.
In thissituation, Company A and Company B jointly control (50% each) a special purposevehicle ("SPV"). The SPV plans to acquire 51 % of the shares ofCompany C.
Provided thatrelevant thresholds are met, it seems to me that Company A and Company B willeach have to file as acquiring persons and pay a filing fee, and Company C willhave to file as an acquiring person twice - one for its acquisition by CompanyA and once for its acquisition by Company B.
Is this correct?