us-ftc-hsr-informal-interpretations-e96d9b42718818bcc4c12d195b9b38f2•2508006 Informal Interpretation
2508006 Informal Interpretation
us-ftc-hsr-informal-interpretations-e96d9b42718818bcc4c12d195b9b38f22508006 Informal InterpretationGuidance
If the to-be-formed entity will be merged into the target with the target surviving, you only need to list Firm A as the acquiring entity.
Question
I have a situation where Firm A has signed an LOI to acquire Target B. We plan on filing under the LOI. Firm A is controlled by UPE. For tax reasons, Firm A will create a to be formed entity that will be wholly owned by Firm A to make the acquisition of Target B at closing. The UPE is the acquiring person so it is the UPE’s filing, but Firm A is the business that is making the acquisition through the to be formed entity. In this situation, when I list the parties, I list UPE as the Acquiring person, and for the acquiring entity, I would list the “to be formed entity”. But, would I also list Firm A’s information as an acquiring entity?
In the transaction description, I plan to explain all of this, but for purposes of completing the form, affidavit and certification, I was going to have Firm A file on behalf of the UPE, and Firm A’s executive sign the affidavit and certification page.
Also for the business of the acquiring person, I plan to explain Firm A’s business.
Let me know if I should list both A and to be formed entity as acquiring entities or just the to be created entity.
Ti chiedi come si applica questo testo alla tua situazione?
Consulenza gratuita, senza impegno
Descrivi la tua situazione. Il nostro team ti ricontatterà via e-mail per la tua consulenza.
Continua la tua ricerca in ChatGPT o Claude
Collega Omnilex per cercare nel corpus legale dal tuo assistente IA.