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Date
Rule
801.30, 803.5
Staff
Michael Verne
Response/Comments
Agree.

Question

From:

(redacted)

Sent:

Wednesday, November 12, 2008 12:01 PM

To:

Verne, B. Michael

Subject:

Cash Tender Offer

Dear Mike:

We are representing a major shareholderin a transaction that is a cash tender offer under Japanese law. Assuming thatthe transaction will require an HSR filing in the U.S., based on 801.30(a)(3)we believe that, even if there is an agreement between the acquiring companyand the issuer or the acquiring company and the major shareholders, thetransaction will be treated as an 801.30(a)(3) transaction.

We understand that this will require an 803.5(a)affidavit and a public announcement. We understand from Interpretation 240 thatthe public announcement does not need to include either the price or the numberof shares, even if the price is known at the time of the public announcement.

Could you please confirm that this is an801.30(a)(3) transaction and that the public announcement that is required doesnot need to include the price?

Thanks.

Kind regards.

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