2208002 Informal Interpretation

From:
Sent :
She inberg, Samuel I.
From:
Se nt:
To:
S ubj ect :
HSRHelp
Mo nday, Auqust 15, 2022 4:50 PM
Wa lsh, Kathryn E. ; Berg, Ka ren E. ; Musick, Vessel ina; Sha ffer, Kristin; She inberg, Samuel I.; Six, Anne;
Whitehead, Nora
FW: HSR filing question - post -recent year acqu isition
From: Fetterman, Miche ll e <mfette rman@ftc.gov>
Se
To:
Cc:
Su
Yes. The addit ional revenues and NAICS codes should be listed in Item S(a ), and you should produce the stand-a lone
2021 financial statements for the company acquired in 2022.
-05 :00) Easte rn Time ( US & Canada)
To: HSRHe l 	< HSRHel @ftc. ov >
Cc:
Su
Good morn ing,
We are curr ent ly assi sting our cl ient, the acquired person in a transaction (the " Company"), wi th it s HSR filing. The
Company will be in cl uding its 2021 consolidated audited financial statements for purposes of Item 4(b) and wil l be listing
it s 2021 revenues for purposes of Item S(a) as part of the filing. Howev er, in 2022, the Company acquired another
compan y, w hich became its w ho lly owned sub si diary. In accordance w ith Informal Interpretation 1910002, we
understand that the Company must report most-rec ent year revenue for all entit ies it controls at the time of fi ling
(regardless of whether the Company contro ll ed such entit i es dur ing the period of the mo st- recent-year finan ci al
statement s) . Should the se addit iona l revenues and applicable NAICS codes be listed in Item S(a) or in an endnote, and
should stand-a lone 2021 financial statements fo r the company acquired in 2022 be provided for Item 4(b )?
Thank you for y our guidance,
**************************************************************************************************
******
1

**************************************************************************************************
******
2