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DewDiligence

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DewDiligence

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Re: ilpapa post# 8478

Thursday, 05/22/2014 9:40:03 AM

Thursday, May 22, 2014 9:40:03 AM

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As a HES shareholder, I’m ok with the sale rather than the spinoff. Inasmuch as I would have sold the spun-off retail company had it been spun off, I would have had to pay a hefty capital-gains tax; under the actual deal, HES itself pays the capital-gains tax.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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