0704007 Informal Interpretation

us-ftc-hsr-informal-interpretations-a523ee83e8d0f7c349660f00d54279810704007 Informal InterpretationGuidance

Date
Rule
Form Item 4
Staff
Michael Verne
Response/Comments
Agree.

Question

From: (redacted)

Sent: Tuesday, April 17, 2007 4:18 PM

To: Verne, B. Michael

Cc: (redacted)

Subject: (redacted) -- 4(c)Question

DearMike,

Following up on ourconversation of yesterday, I'd just like to confirm the documents that shouldbe filed as 4(c) in (redacted) acquisition of shares of (redacted).

As discussed, (redacted)Europe is a member of the (redacted)enterprise today. In particular, (redacted) is a member of (redacted). (redacted),along with (redacted) and (redacted), plan to restructure, consolidating tocreate (redacted) Inc. (redacted) (redacted), and (redacted) will make an HSRfiling with respect to the consolidation. (redacted) will not be an acquiringor an acquired person with respect to the consolidation.

At the time of the restructuring, (redacted)plans to convert its stake in (redacted) to shares in (redacted) Inc. (aninitial 8.4% of outstanding (redacted) Inc. voting shares, which will bereduced over time). (redacted) will make an HSR filing on this proposedacquisition of shares in (redacted).

I understand the documents thatshould be provided as 4(c) in (redacted) HSR filing are only those documentsthat relate to the transaction about which (redacted) is filing (i.e., theacquisition of (redacted) Inc. shares), and not those documents that relate tothe restructuring with respect to which a separate filing will be made by (redacted),(redacted), and (redacted).

At yourconvenience, could you please confirm my understanding?


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