InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,187.70
(
0.13%
)
US TECH 100
17,598.00
(
-0.08%
)
Dow Jones
38,884.26
(
0.08%
)
Brent Oil
82.13
(
-0.89%
)
Bitcoin
62,209.59
(
-0.20%
)
Post# of 37346
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Scotttrader80

Send PM Follow Ignore
Followers 129
Posts 15955
Boards Moderated 3
Alias Born 08/31/2016

Scotttrader80

Re: None

Sunday, 01/20/2019 7:49:16 PM

Sunday, January 20, 2019 7:49:16 PM

Post# of 37346

IRS rules allow NOLs to be retained during a change of ownership so long as some combination shareholders and creditors of the old entity own at least 50% of the new entity. Lampert and ESL alone meet this qualification. There is no need to drag any additional shareholders of the old entity along.

The stock market is a device for transferring MONEY from the impatient to the patient......Warren Buffett

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up