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For purposes of sections 3 0 2 ( b ) ( 1 ) the following transaction ( s ) satisfies the meaningful reduction test:ntsThere are
For purposes of sections b the following transactions satisfies the "meaningful reduction" test:ntsThere are four shareholders in a corporation A B C and D Shareholder A owns while Shareholders B C and D each own The corporation redeems some of As stock, reducing As share of the company to while increasing the proportionate control of BC and DOA shareholder's stake was reduced to after a partial redemptionShareholder owns less than percent of the interest owned prior to redemptionShareholder owns less than percent of the total combined voting power of all classes of stock entitled to voteOnone of the above
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