Confirmed. Because Holdings Corp controls Corps A, B, and C, it holds everything that each of them holds. As a result, Holdings Corp holds 100% of OpCo (49% + 39% + 12%) and therefore controls OpCo.
Question
From: Shaffer, Kristin <kshaffer@ftc.gov>
Sent: Monday, August 26, 2024 4:17:47 PM (UTC-05:00) Eastern Time (US & Canada)
To: [Redacted]
Cc: HSRHelp <HSRHelp@ftc.gov>
Subject: RE: Control
Confirmed. Because Holdings Corp controls Corps A, B, and C, it holds everything that each of them holds. As a result, Holdings Corp holds 100% of OpCo (49% + 39% + 12%) and therefore controls OpCo.
Best regards,
Kristin
From: [Redacted]
Sent: Friday, August 23, 2024 12:20:27 PM (UTC-05:00) Eastern Time (US & Canada)
To: HSRHelp <HSRHelp@ftc.gov>
Subject: Control
Dear PNO,
Holdings Corp holds 100% of the voting securities of each of Corp A, Corp B, and Corp C, which in turn holds 49%, 39%, and 12%, respectively, of the voting securities of OpCo. Can you confirm whether Holdings Corp controls Opco?
Many thanks.