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GratziPrego

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GratziPrego

Re: TheMikester post# 17419

Wednesday, 05/15/2019 1:52:31 PM

Wednesday, May 15, 2019 1:52:31 PM

Post# of 19544
RE: LBO - It seems Unlikely because

"Section 382 of the Internal Revenue Code generally requires a corporation to limit the amount of its income in future years that can be offset by historic losses, i.e., net operating loss (NOL) carryforwards and certain built-in losses, after a corporation has undergone an ownership change."

Best wishes,

Gratzi
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