16 CFR 801.32 - Conversion and acquisition.

§ 801.32 Conversion and acquisition.

A conversion is an acquisition within the meaning of the act.

Assume that acquiring person “A” wishes to convert convertible voting securities of issuer X, and is to receive common stock of X valued in excess of $50 million (as adjusted). If “A” and “X” satisfy the criteria of Section 7A(a)(1) and Section 7A(a)(2)(B)(ii), then “A” and “X” must file notification and observe the waiting period before “A” completes the acquisition of the X common stock, unless exempted by Section 7A(c) or the regulations in this part. Since § 801.30 applies, the waiting period begins upon notification by “A,” and “X” must file notification within 15 days.
[ 43 FR 33537, July 31, 1978, as amended at 66 FR 8690, Feb. 1, 2001; 70 FR 4992, Jan. 31, 2005]

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

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United States Code
U.S. Code: Title 15 - COMMERCE AND TRADE

Title 16 published on 08-Jun-2018 03:49

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 16 CFR Part 801 after this date.

  • 2013-11-15; vol. 78 # 221 - Friday, November 15, 2013
    1. 78 FR 68705 - Premerger Notification; Reporting and Waiting Period Requirements
      GPO FDSys XML | Text
      Final rule.
      Effective Date: These final rule amendments are effective on December 16, 2013.
      16 CFR Part 801
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