[Code of Federal Regulations]
[Title 16, Volume 1]
[Revised as of January 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 16CFR803.7]

[Page 618]
 
                     TITLE 16--COMMERCIAL PRACTICES
 
                   CHAPTER I--FEDERAL TRADE COMMISSION
 
PART 803_TRANSMITTAL RULES--Table of Contents
 
Sec. 803.7  Expiration of notification.

    Notification with respect to an acquisition shall expire 1 year 
following the expiration of the waiting period. If the acquiring 
person's holdings do not, within such time period, meet or exceed the 
notification threshold with respect to which the notification was filed, 
the requirements of the act must thereafter be observed with respect to 
any notification threshold not met or exceeded.

    Example: A files notification that $125 million of the voting 
securities of corporation B are to be acquired. One year after the 
expiration of the waiting period, A has acquired only $95 million of B's 
voting securities. Although Sec. 802.21 will permit ``A'' to purchase 
any amount of B's voting securities short of $100 million within 5 years 
from the expiration of the waiting period, A's holdings may not meet or 
exceed the $100 million notification threshold without ``A'' and ``B'' 
again filing notification and observing a waiting period.

[43 FR 33548, July 31, 1978, as amended at 66 FR 8695, Feb. 1, 2001]