Guest sheTexasHammer Posted February 16, 2010 Share Posted February 16, 2010 We have a pure asset deal, where Company A will be purchasing the assets of Company B. Companies A and B are unrelated. Company B sponsors a VEBA. Can assets of the VEBA sponsored by Company B be transfered to a new VEBA sponsored by Company A to provide benefits for the employees who are transferred to Company A? I have seen many PLRs on the topic where two companies merge, but not specifically in an asset acquisition. And has anyone heard of companies doing this without requesting a private letter ruling? Thanks. Link to comment Share on other sites More sharing options...
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