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.