C.F.R. » Title 16 » CHAPTER I—FEDERAL TRADE COMMISSION › SUBCHAPTER H—RULES, REGULATIONS, STATEMENTS AND INTERPRETATIONS UNDER THE HART-SCOTT-RODINO ANTITRUST IMPROVEMENTS ACT OF 1976 › PART 801—COVERAGE RULES

16 C.F.R. § 801.33

Consummation of an acquisition by acceptance of tendered shares of payment

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The acceptance for payment of any shares tendered in a tender offer is the consummation of an acquisition of those shares within the meaning of the act.

[48 FR 34433, July 29, 1983]
Notes of Decisions
Cited in 1 case, 1986–1986 · leading case: MacFadden Holdings, Inc. v. JB Acquisition Corp., 641 F. Supp. 454 (S.D.N.Y. 1986).
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MacFadden Holdings, Inc. v. JB Acquisition Corp., 641 F. Supp. 454 (S.D.N.Y. 1986). “” 16 C.F.R. § 801.33 (1985). According to the FTC definition, once the tender offeror accepts shares for payment, it acquires them.”
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