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STATE OF CALIFORNIA BUSINESS, CONSUMER SERVICES AND HOUSING AGENCYEDMUND G. BROWN JR., GovernorDEPARTMENT OF BUSINESS OVERSIGHT Ensuring a Fair and Secure Financial Services Marketplace for all Californians

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How to fill out approval to acquire control

01

Obtain the approval form from the appropriate governing body.

02

Fill out the form completely and accurately, including all required information.

03

Include any necessary supporting documentation with the form.

04

Submit the completed form and documentation to the governing body for review.

05

Await notification of approval or denial of the request.

Who needs approval to acquire control?

01

Any individual or business entity seeking to acquire control of another entity

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What is approval to acquire control?

Approval to acquire control is a regulatory process where a party seeks permission to gain controlling interest in another entity.

Who is required to file approval to acquire control?

Parties looking to acquire a significant amount of shares or control in another entity are required to file approval to acquire control.

How to fill out approval to acquire control?

To fill out approval to acquire control, parties must provide detailed information about the transaction, the parties involved, and the potential impact on competition.

What is the purpose of approval to acquire control?

The purpose of approval to acquire control is to ensure that mergers and acquisitions do not harm competition or consumers.

What information must be reported on approval to acquire control?

Information such as details of the proposed transaction, financial information of the parties involved, and potential competitive effects must be reported on approval to acquire control.

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