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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 302(b)(1) the following transaction(s) satisfies the "meaningful reduction" test:ntsThere are four shareholders in a corporation - A, B, C, and D. Shareholder A owns 27%, while Shareholders B, C, and D each own 24.3%. The corporation redeems some of A's stock, reducing A's share of the company to 22.7%, while increasing the proportionate control of B,C, and DOA 90% shareholder's stake was reduced to 60% after a partial redemptionShareholder owns less than 80 percent of the interest owned prior to redemptionShareholder owns less than 50 percent of the total combined voting power of all classes of stock entitled to voteOnone of the above

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