[Code of Federal Regulations]
[Title 31, Volume 3]
[Revised as of July 1, 2008]
From the U.S. Government Printing Office via GPO Access
[CITE: 31CFR800.201]

[Page 698]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
  CHAPTER VIII--OFFICE OF INTERNATIONAL INVESTMENT, DEPARTMENT OF THE 
                                TREASURY
 
PART 800_REGULATIONS PERTAINING TO MERGERS, ACQUISITIONS, AND TAKEOVERS BY 
 
                          Subpart B_Definitions
 
Sec. 800.201  Acquisition.


    The term acquisition is used in these regulations to refer 
collectively to an acquisition, merger, or takeover. It includes, 
without limitation:
    (a) The acquisition of a person by:
    (1) The purchase of its voting securities,
    (2) The conversion of its convertible voting securities,
    (3) The acquisition of its convertible voting securities if that 
involves the acquisition of control, or
    (4) The acquisition and the voting of proxies, if that involves the 
acquisition of control.
    (b) The acquisition of a business, including any acquisition of 
production or research and development facilities operated prior to the 
acquisition as part of a business, if there will likely be a substantial 
use of:
    (1) The technology of that business, excluding technical information 
generally accompanying the sale of equipment, or
    (2) Personnel previously employed by that business.
    (c) A consolidation.

    Example (relating to paragraph (b) of this section). Corporation A, 
organized under the laws of a foreign state and wholly owned and 
controlled by a foreign national, acquires, from separate United States 
nationals, (a) products held in inventory, (b) land, and (c) machinery 
for export. Corporation A has not acquired a business and has not made 
an acquisition within the meaning of these regulations.