Given the following information,determine if FanCo,a foreign corporation,is a CFC.
Definitions:
Market Price
The current offer price at which one can engage in buying or selling an asset or service.
Prospectus
Legal document describing details of the issuing corporation and the proposed offering to potential investors.
Dutch Auction
An auction in which the auctioneer starts with a high asking price which is lowered until some participant is willing to accept the auctioneer's price.
Winning Bidder
The individual or entity that offers the highest price in a bidding process, such as auctions or competitive tenders.
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