No. They're an indirect transaction. Maybe, just for ease, essentially when a Canadian asset is first acquired.... Let's imagine we have a Canadian company that has Canadian assets. The first time a foreign transaction occurs, that is subject to a net benefit review. That company and that transaction proceed, and then there's a subsequent acquisition down the road, where Canadian company A, with Canadian forest pulp and paper assets, gets bought by American company B. If a third transaction happens with an American company that buys American company B, that's not subject to net benefit because essentially the Canadian transaction has already been reviewed under the net benefit, which was the very first transaction for the Canadian assets in question.
In this particular case, Paper Excellence, it was an indirect transaction. Paper Excellence bought Resolute, and Resolute had already bought the Canadian assets, which was a transaction that had previously been considered.